All Forum Posts by: Horacio Gutierrez

At what home price cant you cash flow like 10% to 12% cash on cash yield can we say $150k or $200k or $250k or $125k?

Thanks,

I understood once that the way ordinary and capital gains is taxed. Is first you figure your ordinary tax bracket with your salary and then you see how much more capital gains you can get to fill that ordinary bracket and that capital incomeis taxed at capital gains tax bracket and if it's still more income with capital gains you go to the next capital gains tax bracket then at the end you add ordinary tax amount and capital gains tax amount plus maybe the 3.8 Mitt amount is this correct what I said?

Thanks,

When is it when you need 2 years of landlord experience?

How many years of landlord experience if it's your rental property 1 year or 2?

I heard you need 1 year tax return if you currently renting one of your properties and if u barely going to buy a rental property u can use 2 years landlord experience to use as rental income?

I heard you need 1 year tax return if you currently renting one of your properties and if u barely goimg to buy a rental property u can use 2 years landlord experience is that correct?

How long do you have to be landlord to use you rental income on home loan?

Hello,

If I do an installment sale will I save on capital gains tax, if so how, does it have to to with capital gains tax bracket not been to high?

Thanks,

Do you first calculate the tax bracket for ordinary income tax and then whatever is left in the ordinary tax bracket with the range been between $10000 to $80000 and the salary been $70000 and then capital gains been $20000 you add the $10000 capital gains to $70000 amount which gets you to the top of the $80000 tax bracket and you apply the 10% capital gains to the $10000 and the other $10000 capital gains left you apply the next top capital gains tax bracket of 15%. At the end you add the ordinary tax from your salary plus the capital gains tax and maybe add net investment income tax if it applies. Is this correct if not what I'm I missing?

Hello

On a high level view how is capital gains calculated in regards to taxes as well ordinary taxes. Do you first get salary from work for the year and make some standard deductions and then see what ordinary tax bracket your in which indicates the amount of taxes you pay. Then whatever tax bracket you fall into this determines which capita gain tax bracket you fall into which depending on the amount of capital gains for the year it can be some amount capital again and the rest of capital gains at a higher tax bracket and you might pay the net investment income tax and finally you add you ordinary tax amount plus the tax you need to pay on capital gains plus the nitt of 3.8% it's the total amount taxes you owe for the year. Is this correct?

Thanks,