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All Forum Posts by: Amanda Sutherlin

Amanda Sutherlin has started 20 posts and replied 222 times.

Post: Sinkholes and Real Estate Investing

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

Thanks for the shout out, I’ll be happy to help answer questions about sinkhole investing, they’re  my favorite deals!! I’ll buy all you find. Sent you an email :)

Post: $$ Lending Panel Meetup $$

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

Meetup up is located in Hernando County. Central Florida. Spring Hill, FL 34609, 34608 34606 

Post: $$ Lending Panel Meetup $$

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

We hear all the time money is hard to find, expensive and not easy obtain one you do find it. Spring Hill Real Estate Investor Meetup is happy to announce we'll be having a lending panel for our April 30th meeting. There will be several lending options presented to help you grow your business and fund more deals. Bring your questions and take notes as there will be a lot of exciting information coming your way. *Please note the new location* Our new home will be at the Elks Lodge located between Publix and the Cat Resort on County Line Rd

Meeting is sponsored by:
Tabetha Sibley-Tyner with Modern Day Property Management
Brendon Johnson with freecreditfixletters.com

Networking @ Rookies to follow

Post: Spring Hill, FL Investor Meetup Topic: Sinkholes

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

Sinkholes are a real thing here in Hernando and surrounding counties. Come out March 26th and bring all your sinkhole questions with you. Brent Ferguson, our local sinkhole expert has agreed to come out and educate us all on the matter. 

Don't want to ask at the meeting? Send them to me and I'll ask for you :)
Networking to follow at Cody's located directly across the street.

I'm happy and so excited to have this class and that we kept it FREE for our members!!! Please thank our sponsors!

Amanda Alexander with Rock Solid Home Inspections and
Matthew Bouchard with Southwest Funding 

Post: Investment Prop 2/2 w/ Garage - Flip or Rental - Needs Updating

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

Hi, can I get into Pierpoint Ave? I'd like to go see it tomorrow. Thanks

Post: 3/2 Trenton MI Flip deal

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

3/2 in Trenton MI

Home is free and clear

Its a Sears Craftsman kit with the # still on the house, 100 years old

Bungalow with full basement and full attic

Roof leaks

Write your post

Post: Seller lives in Canada, selling home in FL. How much Cap gains?

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132
Originally posted by @Bill Exeter:

Hi Amanda,

Is this a vacation home used solely for personal use, or is there any seasonal rental activity involved so that they might qualify for a tax-deferred exchange? 

Also, either way, a foreign seller will have to satisfy the FIRPTA withholding  requirements, so I would have their U.S. tax advisor review the FIRPTA requirements so that they are prepared to deal with that issue upon sale. 

Federal capital gains will be 15% or 20% depending upon their tax bracket.  Florida does not have any state taxes, so they are good there.

HI, its used for personal use only and never was a rental. I'm reading into the FIRPTA now

Post: Seller lives in Canada, selling home in FL. How much Cap gains?

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

I'll have to Google FIRPTA as I don't know what that is.

Post: Seller lives in Canada, selling home in FL. How much Cap gains?

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

She used it only for personal use, it was never a rental.

Post: Seller lives in Canada, selling home in FL. How much Cap gains?

Amanda SutherlinPosted
  • Flipper/Rehabber
  • Spring Hill, FL
  • Posts 234
  • Votes 132

Home owner lives in Canada and is selling a vacation home in FL. How much capital gains tax will she be hit with if any?