We just closed last week on our first property: a quad on the North Side, which will be our primary residence.  

Hello @Brandon Hall,Thank you very much!  

Hi After absorbing the knowledge and mindset of investor for awhile ,  I started to aware that primary residency is not considered  a good asset .

The fact that we're talking about 2 claims spread among 3 properties (2 rentals and our primary residence) did not matter, it was handled the same as 2 claims against 1 property.Okay, so we contacted some other insurers and finally settled on State Farm.

I will have around 12500 to invest once I close on the main residence and my friends are looking to invest around 10k each putting us at a total of 32500.

Most of my business is with buyers and sellers of primary resident homes.The company I work for is family owned and locally respected.

My credit score is almost 800 and since this will be my primary residence it was much easier to get a loan.

If I sell an asset in Georgia and I am a resident of Florida do I owe any capital gain taxes in Georgia?

Go to the city/town hall that this building is in and ask the building department what is going on with that property.

Also, since this will be your primary residence, you will get a huge tax deduction for the interest payment.