 Best way to split a home sale between two brothers? |
| My sisters husband and brother-in-law share deed/mortage on a home which also includes a upstairs apartment. The brother feels the income should go to him instead splitting for home repairs and ... |
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 My credit absolutly sucks, what can I do to get us a home.? |
| The only thing we dream of is having a home of our own and our previous financial mistakes are coming back to haunt us. We dont see any light at the end of the tunnel. What should we do?... |
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 Real Estate Question please help? |
1. If the Plano municipal court rules that a local builder did not properly follow the Plano Building Code, this decision would establish a precedent for similar disputes arising in Frisco.
True ... |
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 Is it wrong to make an offer on the first house we looked at? |
| We want to make an offer on the first house we walked through. We saw one after that but did not like. We have been looking at houses on the internet for months but just got the cash to buy one. I ... |
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 To buy or not to buy (our council house)? |
| We are renting a 3 bed council house with good back garden and drive to front in a fairly nice area of a fairly nice town. We know we want to stay here for a long time but don't know if now is ... |
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 Just got kicked out and i got a 3 day pay or quit letter. if i dont pay it how long by law do you have? |
| the lease is over in september and i dont want to pay rent now. i want to know what the laws and the rights i have and how many months i can be here please let me know thanks!... |
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 Can I get a home loan for 99,900 with an income of 44,000 and no downpayment. ? |
| My credit score is 575 and my husbands is 595 and we have not been late on a rent payment ever.... |
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 I want to put an offer in for a house but I haven't arranged my mortgage yet? |
| Is this a bad idea? Im worried if I dont put an offer in soon someone else will and it will be too late, but will they be put off if I dont have a mortgage ready?... |
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 I'm just about to buy my first house...? |
and I'm down to three contenders:
http://www.losanjealous.
http://farm1.static.flic
http://www.... |
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 I have tenants that will not move out and I gave them a month and a half notice to move? What are my options? |
My house is being sold and the people who are buying it want it empty. My tenant said that she is going to go to court to see what her options are? Does it matter that they have 2 kids?
A... |
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 I sublease an apartment. The person who is on original rental agreement is giving me notice to vacate..? |
This is a rent control building but I am only subleasing, ...
Can the person who has the original rental agreement with the landlord and who subleased / subrented it to me....
Can he just ... |
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 Should I just sell my house and get an apartment to save money? |
| I'm so sick of living paycheck to paycheck just to live in this house that I don't really like all that much. I'm thinking of just selling and getting into an apartment and just on ... |
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 3 Day or Quit paper from landlord in CA? |
| I have been asking questions but now I have a new problem. Basically my mother is my land lord. She knows I am moving out in 2 months and she said she was going to be doing things to the condo and I ... |
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 Is the landlord responsible for installing a phone jack in a room? |
| I want the "extra" room to be my computer room but there is no jack. I called the phone company and they charge $150 to install one. Can I bill the landlord?... |
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 Is it acceptable for an estate agency to charge a tenant..? |
...admin fees?
I'm trying to rent a flat and just realised on the estate agents application form there's a £60 admin fee for applying - I feel this is ridiculous just wondering ... |
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 Mortgage question-why so high? |
| Why is a $200,000 mortgate over $1100 a month? Every way I add 5-7% monthly, annually, whatever, I get a payment that is much lower. At $1100, with no interest, I'd be paying the bank $396,000 ... |
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Tracy S | How do you turn a second home into a primary home? |
My husband and I sold our primary home this year, but still own another house in a different state. We are now renting in the city of our primary home, but would like our second home to be considered our primary for capital gains reasons. I spend at least 50 % of my time at our second (now only) home. What do we need to do to make our 2nd home our primary? |
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NONAME
 |
Consult a tax professional. Residency is a big issue for the tax guys, as so many try to claim they live in state-income-tax-free states like Florida.
You will likely need to start keeping a detailed log book of when you were actually living in which place. You need 183 days in your home to consider it your primary residence. But, to qualify for the exemption, you may need to actually log 2 full years out of the past 5 actually living in that home, so if you're only there half the year, it may take you 4 of those 5 years just to get 2 full years that actually qualify.
It's too complex to just guess. Spending a couple hundred bucks with a tax advisor now could save you thousands and thousands in taxes or penalties if you do it wrong. |
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Aliz
 |
Just move there and have all your bills, drivers license changed and credit cards and etc and bank statements sent there. That way you will proof that it is your primary home. |
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John Corey
|
To really make the property your primary residence then you would need to look like that is how you use it. You file taxes there as if you are a resident. You are registered to vote there. You live there and get mail there.
Granted when you do not own any other property is it not that hard to show that it is you home if you do a number of things (like the items suggested above).
Note that the rule says you lived there as your primary residence in 2 out of the prior 5 years if you want the positive tax treatment. |
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Dorothy and Toto
 |
You've already done it by spending the majority of your time there. It's the only one you own. It IS your primary home, and the rental in another state doesn't count. Best of luck. |
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Ron B
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You need to do two things. Go to the post office and do a change of address to your 2nd home, and then have your mail forwarded to wherever you want it to go. This is enough for tax purposes as long as you can prove that you spend the time there. You will most likely want to refinancce the home as well. Your old loan would have been done as a non owner occupied and would be a higher interest loan. You will save money, and have show your commitment to the home. |
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enstable2
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Move. |
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Wounded duckmate
 |
Live there or risk a fraud charge! |
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Drew P
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You'll need to become state residents in the state of your new "primary" home. |
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kurticus1024
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you just move there I think |
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nickle
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make it your permanent address |
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