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What else can I help you with?
If one owns the 1st home as the primary home and owns a 2nd home for family to live in - can the 2nd home still be considered as a primary residency home and not an investment property?
simple answer is no. The home can be considered as a second home if it is at least 50 miles from the primary residence. Otherwise it has to be treated as a investment.
If you buy a condo for an investment can you deduct the interest on the mortgage?
Your tax consultant can answer your specific question, because of the details involved. But generally in USA, mortgage loan interest on real property is deductible. However, since this is an investment and not your primary residence, the answer may be different. Also, your answer may depend on whether you are asking on behalf of a corporation, or on behalf of an individual. == ans == The above is almost laughable. Interest incurred in the effort to make taxable income (on an investment) is an expense for tax. Corporate or personal return is not a consideration. Investment interest is an expense for either. There is no special tax on "real property" at all in the US. There is an interest deduction allowed if incurred for your primary residence (which may or may not be real estate), under a number of qualifying circumstances.
Can I do a 1031 exchange on my primary residence?
No, a 1031 exchange is typically used for investment properties, not primary residences.
Can you 1031 exchange your primary residence?
No, a 1031 exchange is typically used for investment properties, not primary residences.
What is the average interest rate for investment property loans?
The average interest rate for investment property loans can vary depending on several factors such as the borrower's credit score, loan-to-value ratio, and the current market conditions. Generally, interest rates for investment property loans tend to be higher than those for primary residence loans, typically ranging from 4% to 6% or higher. It is important for investors to shop around and compare offers from different lenders to secure the most favorable terms for their investment property financing.
Does the buyer have to pay capital gains on the seller's concession if the property in question is for investment and not primary residence?
No!
If one owns the 1st home as the primary home and owns a 2nd home for family to live in - can the 2nd home still be considered as a primary residency home and not an investment property?
simple answer is no. The home can be considered as a second home if it is at least 50 miles from the primary residence. Otherwise it has to be treated as a investment.
Can you use the money made on an investment property to refinance your primary property into an investment property?
You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.You can spend your profit from your investment property any way you wish as long as you make your mortgage payments. If you want to refinance then you need to speak with your lender.
If you buy a condo for an investment can you deduct the interest on the mortgage?
Your tax consultant can answer your specific question, because of the details involved. But generally in USA, mortgage loan interest on real property is deductible. However, since this is an investment and not your primary residence, the answer may be different. Also, your answer may depend on whether you are asking on behalf of a corporation, or on behalf of an individual. == ans == The above is almost laughable. Interest incurred in the effort to make taxable income (on an investment) is an expense for tax. Corporate or personal return is not a consideration. Investment interest is an expense for either. There is no special tax on "real property" at all in the US. There is an interest deduction allowed if incurred for your primary residence (which may or may not be real estate), under a number of qualifying circumstances.
Can a husband buy a home in MD but wife lives in NC?
absolutely. where the wife lives has no bearing on the ability to purchase a home, being a primary, vacation on investment property
Can a second mortgage be crammed down in a Chapter 13 bankruptcy proceeding if the mortgaged property is in a revocable trust and the mortgagor is technically the trust itself?
No, because the property would be considered to be property of the trustor and not the "trust itself". Moreover, while in certain situations a 2nd mortgage can be stripped (in a process caleed lien-stripping), there is no cramdown on primary residence real property. While a cram-down on non-primary residence real property is POSSIBLE, it is IMPRACTICAL.
Can I do a 1031 exchange on my primary residence?
No, a 1031 exchange is typically used for investment properties, not primary residences.
Can you 1031 exchange your primary residence?
No, a 1031 exchange is typically used for investment properties, not primary residences.
What is the average interest rate for investment property loans?
The average interest rate for investment property loans can vary depending on several factors such as the borrower's credit score, loan-to-value ratio, and the current market conditions. Generally, interest rates for investment property loans tend to be higher than those for primary residence loans, typically ranging from 4% to 6% or higher. It is important for investors to shop around and compare offers from different lenders to secure the most favorable terms for their investment property financing.
What are the sources of return on investment?
The primary source would be the profits of the company in which the investment has been made. If the investment is in an investment fund, the return would be the distributable profits of the group of companies that are in the investment portfolio of the fund. Profits can have various sources e.g. rental income from property, sales of products, provision of services, interest on loans and mortgages, manufacturing trade goods, mining and mineral extraction etc etc.
Can you file a chapter 13 solely on your primary residence if your husband has filed a chapter 13 solely in the past?
No.
What has the author Edward Berger written?
Edward Berger has written: 'Intellectual Property Primary Law Sourcebook 2002' 'Intellectual Property Primary Law Sourcebook 2004' '2002 Intellectual Property Primary Law Sourcebook Statutes and Regulations'
