7 November 2025 | 3 replies
Once you pass that point, it’ll have been more than three years since you lived there, and you’ll no longer qualify for the exclusion.If you sell before March 2026, you can likely exclude up to $250k/$500k of gain from federal taxes.
6 November 2025 | 16 replies
Under Section 121, if you owned and lived in the property as your primary residence for at least 2 of the last 5 years before selling, you can exclude up to $250,000 of gain if single or $500,000 if married filing jointly.Since you moved out in January 2022, your 5-year window ends in January 2027.
5 November 2025 | 2 replies
“Core” inflation (excluding food and energy) also slowed to 3% annually, thanks largely to easing shelter costs, which make up over a third of the CPI calculation.📊 Bottom line: This is exactly the type of report the Fed wants to see before lowering rates again.
9 November 2025 | 0 replies
I have all materials excluding drywall (it would mould).
28 October 2025 | 21 replies
You can exclude up to $500k gain if married and $250k gain if single.
28 October 2025 | 5 replies
If it's a flip, this would not be eligible for 1031 exchange and you will be taxed at ordinary income rates plus self employment taxes (most likely).if you live in the primary residence and house hack, you can exclude a percentage of the gain upon sale based upon bedrooms rented.
30 October 2025 | 0 replies
I don't interpret the new (2025) statutory language to exclude accrued interest in the public bid amount.
9 November 2025 | 24 replies
I have several in the neighborhood.I was disappointed to run the numbers and I would save 300 a month and it will cost me over 3 points to get this loan. 1.5 -2 for funding and junk fees that amount to almost a full point, excluding, escrow, inspections and so on.
6 November 2025 | 2 replies
This backs up your study and supports your business case.Revisit your underwrite: Once you have the tax savings in the model, revisit your cash-flow projections, reinvestment timeline, and exit strategy.Example (Illustrative Only)Imagine you buy a house for $700,000 (excluding land) and put $50,000 in high-end furnishing and upgrades.
23 October 2025 | 2 replies
It depends on how much of gain you are able to exclude.If the gain that you can exclude is like $50,000(Tax might be $10,000), then you might be indifferent in selling it / or keeping it.If your gain is $400,000 to $500,000, then that is a much bigger amount of tax that can be excluded and one that you wouldn't have to worry about if you did the section 121 exclusion.