My ex and I purchased a duplex in Glendale, CA as marital property in 2018, yet I am currently in the process of a divorce with my ex.
Due to the divorce proceedings, I would like to know my options regarding the ...
I do not collect a w2 however I earn a significant amount of income each year through my two companies earnings/distributions. Does anyone know how I can qualify for refinancing on my personal residence. I have more t...
My family and I are gearing up to purchase another primary residence in 2 years. Therefore, we want to ensure that we are prepared and there are no surprised. I feel like I've read somewhere that if you have a vacatio...
Question for a CPA out there.. I have a client who bought land in March 2022. She then bought and put a mobile home on the property in July 2022. Can she sell in March and avoid capital gains tax? Or since the mort...
Hello, I’m looking to sell a rental property and exchange into another rental property in a future retirement city. After renting the replacement property for two years live in it as personal residence for 3-5 years...
If I’m buying a STR property now, what do I have to keep in mind if I also plan on buying a primary residence next year? I’m assuming you look at a rental track record for the investment property, but that’s not stead...
I have my sights on multi-family props in the San Diego area. When FHA says owner occupied, does that mean one of the units has to be a primary home? Can I use one of the units for a year as a commuter residence (li...
I have a condo that I want to sell. Owned more than 5 years, never owner occupied. I want to claim the condo as my primary residence and keep current residence as a second/vacation home.
Reading publication 523- ...
Hey everyone,We've created an interesting deal and I was wondering if anyone else has executed anything like it...We recently bought and rehabbed a house (we'll call it "Walnut") for about $70k. A young couple found u...
I have four properties (Live in one, rent two, rehabbing 3rd rental as we speak). I got started in real estate by buying a unfinished house (had to get HELOC on personal residence to purchase), I finished building th...