I have a question. I own a property outright that is 650k. It has been my primary residence but I want to move. Could I rent it out for a year and then do a combination of a 1031 exchange. Take 400k to buy an investme...

Investment Info:

Townhouse buy & hold investment.

Purchase price: $120,000

This is a townhouse we purchase as a primary residence. 3bd, 2.5ba,

What made you interested in investing in this...

Hi BP family,I plan an turning my primary residence into my first rental. Do I have to switch to landlord insurance? What other things should i be thinking about regarding turning a primary residence into my first ren...

Hi I understand I can calculate depreciation (standard vs itemized) and deduct from my rental property.Can I deduct depriciation of my primary residence too ?How about if I have a duplex and only one unit was rented o...

Hello everyone
I have an opportunity that I am trying to take advantage of and want to know if I can also take advantage of the 1031 exchange. I have a property that I am close to finishing. Our intent for the proper...

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 ...

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...

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...

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...

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 ...