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All Forum Posts by: Chris K.

Chris K. has started 113 posts and replied 178 times.

Post: Flooring in investment home- Florida

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Randall Alan was going to go with vinyl plank most likely. I appreciate the feedback!!

Post: Building a pool pricing

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

Hi all,

I am looking to buy an investment property in Florida close to the beach, but with no private pool.

Similar homes rent well (4 bed 2 bath) in this location with a private pool.

I know nothing on this topic, and it is very general, but any idea how a decent size in ground backyard Florida pool can cost (range)??

Post: Why is real estate a better investment?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Ben Bartels

Very loaded question but another perspective is that with your mutual fund the dollar is losing value the more government prints. Do you trust government fiat money? Real estate is a great way to diversify. Another huge plus is tax incentives and deductions. That’s where a lot of the “winning” happens in real estate if done correctly.

Post: Flooring in investment home- Florida

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

Hello everyone,

I am looking at investment SFH in Florida.

Bedrooms have carpet which need to be changed. What is everyone’s best flooring recommendations for the bedrooms ? This home is in Florida . Thank you

Post: Getting a mortgage !

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Stephanie P. Thank you this info was very helpful, after some research this seems like something I could def use

Post: Taxes on capital gains in second property?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Bob Norton thank you!

Post: Taxes on capital gains in second property?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Basit Siddiqi thank you!

Post: Tax free income off STR?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

@Chris Klingemann follow up, or do I need to live in the residence for more than 14 days or more of 10% of rental days in order to qualify for any income tax advantages/ savings ?

Post: Tax free income off STR?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

If I live in my second home for more than 14 days out of the year (second home), what does this mean for all other income I received for STR for the year? How is this income taxed?

Thank you

Post: Capital gains on second investment property?

Chris K.Posted
  • Investor
  • Florida
  • Posts 179
  • Votes 54

Hi everyone,

If I had a second residence that was used as investment property for STR , and when I sell, how are the capital gains taxed? Is it similar to primary residence where only above 250k$ capital gains are taxed ?

Thank you