Collecting some data and would greatly appreciate your help! It seems like the one thing you can count on is that during a rehab, something will go wrong that will increase your budget.
What is the most your constru...
A friend just told me he is getting a divorce, and they have owned their home for less than 2 years. (February 2016 purchase date.)How does divorce affect Capital Gains on this purchase? After one year, it's long term...
I have a rental that I will be moving in to next year. Consequently I would like to refinance with the current low rates. My tenant is still in the house so I will be stating to the lender that I intend to take occupa...
We get asked this question a lot. Here are some things to consider. Define Your Budget: Determine your overall budget for the project. Consider factors such as the scope of work, materials, labor, permits, and contin...
I need to know more information on Owners Occupied. I know the basics but how does it work. I never owned a house I'm 19 will I even qualify? Anybody have suggestions on how to buy a home owner occupied in Detroit Mi
We are rehabbing a duplex and, among other things, we're replacing the windows. It's working out that the windows are arriving around the same time as we'll be ready for the rough electric. Can I have the electrician ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $159,000
The property was initially purchased with the intention of completing a BRRRR (Buy, Rehab, Rent, Refinance, Re...
If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
I live in Tennessee and have lived in my house for the past year. I’ve fixed it up and am wanting to sell it now. I know that If I lived in it for 2 years I wouldn’t have to pay capital gains tax does anyone know how ...
Hello. My wife and I are about to close on a house and we have been probing the idea of renovating the basement to a single bedroom or studio apartment. We are trying to think of some way to come up with some additi...