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Results (10000)
Patricia Andriolo-Bull Use 1031 Exchange to purchase primary residence?
21 February 2023 | 10 replies

Hi.  First time posting in this discussion forum.  Did some searching first and don’t think I see this particular question asked before.  I have an investment property in CT and a primary residence in FL (and a couple...

Jose L Martinez 1031 Exchange or Cash?
25 June 2019 | 20 replies

Hello fellow BPsI am looking for your thoughts on my current situation. I am selling a duplex I've owned for 9 yrs and it looks like I will be getting about $30K profit at closing. My questions is; Should I proceed wi...

Anthony Rega Seller Financing Tax Question
22 October 2023 | 13 replies

If a seller, who files taxes as "married filing jointly" and has owned their primary residence for over 2 years without any outstanding mortgage, wishes to sell their property for $750,000 and agrees to finance a seco...

Robert Adams NV is still one of the hottest markets in the country
8 August 2018 | 8 replies

NV is still one of the hottest markets in the country appreciating in the range of 7% to 13%. See below:This map illustrates the top states for property appreciation rates year over year. Property appreciation is calc...

Mike Brown How do you use the BRRR method to pay off a home?
8 February 2020 | 4 replies

For example, say you buy an $80k home with $20k down and spend $15k in renos. It goes up to $125k after a year of "seasoning", which is an increase of $45k. In newbie terms, what is the process of using that $45k incr...

Jason Reynolds Switching from primary residence to rental
29 April 2016 | 8 replies

I am moving, and am looking to rent my current home, at least for a couple of years. There is a considerable amount of equity in the home. It has been my primary residence for five years. I have some questions at so h...

Patrick Hartnett Tax Implications of Sale of Multi-Family (Primary Residence?)
18 July 2020 | 3 replies

I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...

Jack B. 2/5 year rule for primary converted to rental
18 December 2016 | 4 replies

As I understand it, if you live in the house for 2 years out of the last five before you sold, you get to avoid capital gains tax, so long as you bought as a primary residence, but the IRS doesn't care if it's the fir...

Diana Medina 1031 Exchange - How to split the funds
13 January 2019 | 4 replies

Hello.I’m closing on the sale of a property and have the option to roll over the gains into a 1031 exchange. I’ve identified a new investment and can use part of the funds to finance the new purchase. I can identify a...

Nathan Steinacher Turning my current residence into my first investment property
14 March 2019 | 4 replies

I am finally making my first post as I am preparing to make my initial dive into RE Investing! I currently own a SFP here in Indianapolis that I purchased 3.5 years ago for $190K. At initial purchase I rented out a fe...