Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matthew Lengel

Matthew Lengel has started 0 posts and replied 2 times.

Post: Capital Gains, to sell or not to sell

Matthew LengelPosted
  • Investor
  • Philadelphia, PA
  • Posts 2
  • Votes 1

You should be able to do a 1031 exchange and not realize any capital gains. There are some rules with it so do your homework but this will limit any capital gains you will incur.

http://www.atlas1031.com/1031-exchange-rules-requirements

Post: Newbie in King of Prussia, Bridgeport PA, Looking to Plug In!

Matthew LengelPosted
  • Investor
  • Philadelphia, PA
  • Posts 2
  • Votes 1

Hey Pete,

You would have to live in it for 2 out of 5 years for the primary residence exclusion to occur. I have just house hacked in 2015 down in manayunk and split another multi family with my brother around the corner from me a couple months back. We went FHA but at the end of the day it's all about how the numbers make sense. I would look more at cash on cash returns or discount rate of return when calculating valuations as they will take into account the financing of your property better than Cap rate will which will assume you bought the property in cash.