Maya Torres
What is your primary residence?
For anyone who would like to respond, I‘m curious, what is your primary residence, how did you get there, and do you have plans to live somewhere more permanent In the future? i.e, did you already live in a residence ...
Cat Bauer
Commercial financing for primary residence?
I'm evaluating a property that is a portfolio of 8 condos in a community. It classifies as a commercial property. If I use one of the units as a primary residence, can it still be financed with 5% down, since it's tec...
Rich Thomas
Primary residence Capital Gains Exclusion
Hello-My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to bei...
Tab Teehee
free internet for apartment residents?
Hello all! So here I am nearing the completion of a 20 unit extensive rehab and now faced with yet another hurdle...internet/TV/phone for the residents!The apartments were built in 1972 and are located in a semi rural...
Joshua Hollandsworth
Renting out my primary residence
I need to move out of my current home. Unforseen circumstances have occured. I purchased the home within the past 3 months. This is a conventional mortgage. FNMA has already bought the loan. My lender, 5/3 bank told ...
Tyler D.
What is a "homestead" residence?
I'm looking to optimize my tax situation, as many states offer tax breaks for "homestead" residences.However, I have yet to see a formal definition of what a homestead actually is.To qualify as a homestead, do you nee...
William McNeil
Single family residence in Bellevue
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $635,000
Cash invested: $120,000
Buy and hold SFR (single family residence) with incredible appreciation potential ...
Lubna Bushra
converting 1031 to primary residence?
Hi all,
Really hoping someone can help us. We bought a SFH as part of a 1031x and got a good deal. Fixed it over a year, rented it for two years. Despite trying, it has been vacant for 10 months now. We were thinking...
Terry Tosh
California resident with Wyoming LLC...
We are in California, but doing business as a Wyoming LLC, how does this work at Tax time?(Tax deed investing...first year, all losses, but this year some deals in progress)
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...