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Updated almost 8 years ago on . Most recent reply

User Stats

60
Posts
14
Votes
Jen Narciso
  • Investor
  • Montclair, NJ
14
Votes |
60
Posts

Minimizing resale costs

Jen Narciso
  • Investor
  • Montclair, NJ
Posted
My husband and I are looking to do a flip in northern nj in class a locations. I'm curious how others have sought deals in an area with high costs and high property taxes but great appreciation. Also, in looking for strategies to minimize closing costs and taxes on the resale so that the profit is worth it. Any suggestions on finding a buyer by fsbo or other ways to minimize costs? We want to sell the property in 5 months. Any tax strategies to minimize capital gains costs? Thank you in advance.

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