Jonathan Miller
Help me Analyze my first deal (Potentially) in New Jersey
I found a FSBO in South Jersey who owns a 3/1 SFH rancher free and clear. All utilities are electric (no gas, no central air). Property has a one car driveway and has W/D included. The home is in a C area. Property is...
Stefan D.
Calculating 2 years for capital gains
The closing date on my house was 3/31/2017. When can I sell the house and avoid paying capital gains?
Noah Gouldsmith
Fire my buyers agent?
Hey BP, would love some insight. I’m new to real estate investing (currently looking for my first deal in Kansas City) and the agent I’ve been looking at homes with doesn’t know anything about investing. He has shown ...
Account Closed
Why do most Brokers/Agents refuse the 'Exclusive' challenge despite holdover clause?
Nowadays all listing agreements - even open - contain holdover clauses with decent timeframes so that sellers can't get away with circumventing commission due to buyers the agent found.So why is it that most agents st...
Patrick Rafferty
Switching Rental Property from Personal to LLC?
Seeking help/advice for what the title suggest. Reading and seeing a lot of pros & cons for moving my rental property to an LLC, getting stuck with what I should do.
For context, I purchased a townhome in my pers...
Jameson Hedin
Can I qualify for tax exemption if I lived in home 23 months in the last 5 years
I have 2 questions that I would love if someone had insight into. 1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out. We closed in May 2018 and th...
Aaron Morrow
Wondering what will happen if you do not close on time? COVID-19
Hey everyone! Are you hoping to buy a home soon but are concerned that your transaction will not close on time if something happens with COVID-19? We understand! Our team is already prepared to handle this with your ...
Kitty Jedra
Capital Gains Tax
Hello Everyone!I plan on selling my single family home and purchasing a two family home in order to help with expenses. I purchased my home for $340 and it is now worth about $400. Do I need to invest on a property th...
Paul Stout
Mobile Home Park Dog Rules
How do you handle dogs? If you buy a park and the tenants have "dangerous breeds" how do you handle that? Do you have them sign an indemnification agreement or get rid of the dog. What about mixes that are clearly ...
Andrew Clark
Primary Residence Capital Gains Tax
Needing some advice on capital gains tax.. I will be selling my current primary residence in a few months & moving over the proceeds to my next home. I will only have lived there for 10-11 months by the time I mov...