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Can a room be considered a "bedroom" if it's a throughway to another bedroom? (Example, bedroom "A" has 1 door and windows. However that rooms only door exits into a "secondary" bedroom/ Bedroom B. So Bedroom B has 2 doors, one to enter Bedroom A & one door to get into a mudroom, then living room and kitchen. ) Picture the floor plan as a squared U almost lol. It works, but not well at times lol. Thanks you and Happy Holidays everyone
Asked by Finn | Sutton, FL | 11-26-2024 | 878 Views | Tips & Advice | Updated 1 year ago
I am adding a metal storage building to my property. why am I required to pay sales tax for it and then pay property tax every year?
Asked by Carlton Whidden | Fort Mc Coy, FL | 10-05-2024 | 592 Views | Remodeling | Updated 2 years ago
I'm thinking of moving to the Villages in Florida. Since it's a retirement community, do I need a realtor? Or do they have their own process?
Referring to article written by Kelsey Heath, she says: a second home can be converted into primary residence and therefore, would qualify for a primary residence capital gains tax exclusion. To qualify for the exclusion, you must meet both the ownership and use tests. This means you must have owned the home and lived in it as your primary residence for at least two of the five years preceding the sale, but the two years do not need to be consecutive." I currently am in the process of selling my Huntington Beach Ca home. We have owned the home for 5 years now. I am a resident of Utah. In the past 5 years, we have spend between 45-50% of our time at this home here in Huntington Beach, which would mean in the past 5 years we have lived here more than 2 years. Would this not qualify for the reduction of capital gains tax along with the real estate withholding exemption?
Asked by Devon OBrien | Huntington Beach, FL | 09-30-2024 | 909 Views | Finance & Legal Info | Updated 2 years ago
money is needed for a new condo my current home is paid for no loans
Asked by barbara masten | The Villages, FL | 09-22-2024 | 732 Views | Working With an Agent | Updated 2 years ago
I lived in a condo from 2018-2023 but then moved out and have been using the property as a rental. How soon would I need to sell it to avoid paying the capital gains tax in Florida? The property is worth $160,000 currently, the property was put in my name by a relative that paid $90,000 for it.
Asked by Danielle | Saint Petersburg, FL | 09-17-2024 | 874 Views | Selling | Updated 2 years ago
We have a 1938 two-story colonial cream city brick home. We bought the house over 35 years ago, but we cannot get rid of this “musty” pungent smell. It has permeated on our clothes and belongings and we take it with us everywhere we go. What can we do? We have tried several things over the years: pulling up carpeting, reinsulating the walls, checking plumbing, using air filters, etc. Nothing seems to work. What else can we do???
Asked by Jamie Tomasello | Kenosha, FL | 09-16-2024 | 4,425 Views | Tips & Advice | Updated 2 years ago
Can I get a renovation loan and home loan at the same time? I'm interested in purchasing a house that also needs a lot of renovation. I don't have enough cash for the renovation. So I'm wondering if I can add to my home loan? Or do I take out a second loan? What's the best way to go about this? Thanks!
I'm just starting my home search. I talked to an agent who said that I might need to pay his commission, but that maybe we could get the seller to pay. Is this normal?
There is no will . Just myself and sister. I been paying the mortgage for 4 years now. I just want the deed in our name. Chase mortgage will transfer the mortgage over to our names if we can transfer the deed over.
Asked by Anthony | i don't know, FL | 08-03-2024 | 537 Views | Finance & Legal Info | Updated 2 years ago
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