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Updated about 4 years ago on . Most recent reply

Mike Rodriguez's profile image
Mike Rodriguez's profile image
Mike Rodriguez
  • Member since May 17, 2021

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16
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4
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Mike Rodriguez's profile image
Mike Rodriguez's profile image
Mike Rodriguez
  • Member since May 17, 2021
Mike Rodriguez
4
Votes |
16
Posts
Buying & Selling Real Estate

calculating net proceed-question

Mike Rodriguez
Posted

Hi All! I have a quick question. Lets say I bought my building for $300,000 and want to sell for $600,000. My gain is obviously $300,000. However, to calculate my net gain, do I minus my down payment and closing costs from the $300,000? 

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