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Updated over 5 years ago on . Most recent reply

User Stats

81
Posts
36
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Ben Naught
  • Rental Property Investor
  • Prosser, Wa
36
Votes |
81
Posts

Can you BRRRR a Mobile home ? capitol gains question

Ben Naught
  • Rental Property Investor
  • Prosser, Wa
Posted

Hello there BP I'm a mobile investor and wondering if it is possible to BRRRR with a mobile home. What I am really wondering is if you would get the same tax benefits after living in it for 2 years. Meaning no capitol gains tax on the profit of course. Thanks so much in advance .

@John Fedro

Most Popular Reply

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1,480
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1,420
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
1,420
Votes |
1,480
Posts
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

@Ben Naught

BRRRR refers to a buy and hold strategy and capital gains tax is experienced when you sell a property. Can you describe what your strategy is in more detail? Those two terms seem mutually exclusive in this context.

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