16 September 2015 | 1 reply
I am interested in following discussion threads re matters involving disposition of rental and investment properties pursuant to divorce.Because of the possibility of beneficial section 1031 tax treatment, I wish to follow discussions about conversion of residential primary homeowner property in part or full to rental property and tax treatment upon sale after 2 years or longer.I frequently am asked to provide consultations on these subjects when involved with divorce financial analysis.
23 September 2015 | 21 replies
I will rather leave that to those specially trained and equipped to handle them, while I spend my time on the things that matter most to me….my family, friends and leisure: this is my target.Let’s talk about the investor briefly:According to http://www.investorwords.com/2630/investor.html#ixzz3lvQW5IZP, an investor is an individual who commits money to investment products with the expectation of financial returns.His primary objectives are the returns from his investment.
17 September 2015 | 4 replies
They also look for 6 months PITI reserves on primary and 2 months for every additional homes.
17 September 2015 | 3 replies
Likewise another would be they are in between closings on their primary residence/commercial and prefer to rent in the interim than lodge/purchase in a hotel/storage.What is an issue is where they conduct business as such.
17 September 2015 | 4 replies
My goal is to purchase a single family home in the Alexandria or Fairfax/Vienna area:-as a primary residence-requires minor to moderate rehab-that I can turn into a rental in 1 year and cover expenses-and I can save some of my cash for a second property to turn into PRI'm recently married so I've got to bring my wife along on this journey...
14 January 2016 | 11 replies
Also keep in mind a lender is going to want to see reserve funds in the amount of 2 months for your primary residence and 6 months for the investment property.
17 September 2015 | 6 replies
Retail is the traditional next step but I'm concerned about the outlook for anything except AAA locations.
17 September 2015 | 2 replies
California and were just told by the escrow company we have to pay 3.3% taxes to California because we live in FL and the property was not our primary residence.
20 September 2015 | 24 replies
For Traditional financing you are going to have to put some money down with either FHA or Conventional.
17 September 2015 | 2 replies
Are you trying to apply for a primary residence home loan?