Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Annette Russow

Annette Russow has started 1 posts and replied 1 times.

Post: taxes

Annette RussowPosted
  • Belleville, MI
  • Posts 1
  • Votes 0

My husband and I have done several homes.  Buying, doing all repairs an selling.  We are making minimal profits ,either giving equity to  kids or supporting ourselfs during the rehab process . We claim gains on each one 10-25 thousand on our own joint tax return. should we be doing differently ? The latest one is valued 160,000. going to sell to our son 135,000 we have 110,00. into it . What would be the best way to do this minimizing our capital gain, while giving him half the gain .