I am a homeowner and wondering if I can move out of my current home, rent it, and use a 1031 exchange to pay the current mortgage and home equity line of credit. Can anyone help with this question? Thanks.
Why is it not ok to have more than one realtor as an investor? Being an investor means finding great deals and it’s not like great deals come often. So I’m just curious on why it’s bad business to have more than one r...
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...
Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...
Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...
Hello my BP mates!!Just have a little question about sale tax exclusion. I purchased a townhouse back in 2008 and lived there until December 2014 when I rented the property and moved to a single family home. I sold th...
I am a first time home buyer and have been listening to many Biggerpockets Prodcasts. Looking to house hack my first property ideally a duplex or house with ADU. And hopefully repeat the process for a few times.
I ...
What type of listing agreement is normal for an investor to have with an agent?
-open listing?
-exclusive agency listing?
-exclusive right to sell listing?
Are there any typical minimum terms that those providing seller finance impose on the buyer? Surely as the whole point of selling financing is to obtain a long term steady income, it wouldn't be in the interest of the...
What is everyone’s thoughts on a real estate agent requesting that you sign a exclusivity contract with their brokerage?