Dylan Boyd
Capital Gain Exclusion Question
I had a friend ask a question related to the capital gain exclusion on the sale of a primary residence. Currently you must live in the residence 2 out of 5 years for eligibility. As I understand it, this will change o...
Jack Faysash
Publication 523 Partial Exclusion
Hello everyone! I’m looking to get a quick sanity check on my understanding of the IRS publication 523. My wife and I will be moving from Texas to California as part of a work related move. We will be selling our prim...
Gabe G.
home owner capital gain exclusion.
I have lived in my past primary residence for 13 years. I am considering renting it out for a small period of time, then selling.What are the rules for doing this.If I lived in it for 2 years, of the past 5 before the...
Russell Gronsky
Maryland Terminating Exclusive Buyer's Contract
Hi BP,Here is the quick back story for context:I'm looking to buy a house in Baltimore. I've been working with an agent for a few months and she recently tells me about a wholesaler who has a deal for me to look at. W...
David Wright
Exclusive contract with buyer agent
I'm new to multifamily investments, looking for my first deal. I know a commercial real estate agent who says he has leads for me, but he wants me to sign an exclusive agreement with him before he shares them with me...
Adam Widder
capital gains and partial exclusion
BP,We're looking at buying a SF for us to live in for the short term verse rent for the next year before we move approximately fall 2019. We'd like to make some money as the house we're looking at has good bones, but ...
Ofer Dallal
Agent Exclusivity Agreement Yes/No?
Friends,I'm looking to purchase my first investment in Oakland CA with cash. I met an agent that made a good impression but requires an exclusivity agreement (four months minimum).Would you sign such an agreement in t...
Alex Freelove
Question regarding Section 121 Exclusion
Hello!I have a question regarding the Section 121 Exclusion. Im considering selling my “primary residence “ that I have lived in for two years and have rented out for one year. I’ve got 100k in equity. Is it true that...
Hadassah A.
Exclusively Ft Worth investment realtor
Hi all..this is my first post ever. I am wondering if someone can recommend a realtor who knows Ft Worth in and out and is particularly an INVESTMENT property realtor. I want to stay away from the mainstream real es...
Patrick Crotty
Gift Tax and Lifetime Exclusion
Hello BP world, I may be in the fortunate position of being gifted a plot of undeveloped land. The donor and myself are wondering if there are any ways to circumvent the gift tax that would come with the transfer of o...