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All Forum Posts by: Jeffery Olaru

Jeffery Olaru has started 1 posts and replied 4 times.

Post: Opportunity Fund & Capital Gains question!

Jeffery OlaruPosted
  • Specialist
  • Hot Springs, AR
  • Posts 4
  • Votes 2

@Michael Plaks I have 2 cars(Honda purchased 11/2018 & Ford 09/2019) and 1 camper(purchased 11/2019) that I’d be interested in selling due to the highest capital gains to roll in to an opportunity fund. My concern is that I haven’t held on to them long enough and I might run the risk of being a reseller even though I have never resold anything like that for gains before.

Btw I’ve been a fan of yours since I saw you knock out Uncle Sam at the Quest Expo😂. My wife and I actually took a picture with you.

Post: Opportunity Fund & Capital Gains question!

Jeffery OlaruPosted
  • Specialist
  • Hot Springs, AR
  • Posts 4
  • Votes 2

@Eamonn McElroy if possible yes. I would only roll the gains into the opportunity fund, the remaining would go back to buying those same toys, vehicles, etc. being that I buy at such a discount. Do you have of any suggestions or help for me or just criticism?

Post: Opportunity Fund & Capital Gains question!

Jeffery OlaruPosted
  • Specialist
  • Hot Springs, AR
  • Posts 4
  • Votes 2

Currently infatuated with opportunity funds and in dying need of ideas to manufacturing capital gains other than Real Estate, Stocks, Bonds, and Mutual Funds. An idea that I've been brain storming is to sell my car that I bought for next to nothing and now is worth about 10k more than what I paid for it. Would that be considered capital gains and if so could I cash out on other vehicles, campers, ATV's, boats, etc. that are worth much more than I purchased them for?  

Post: Bigger Pockets Conference 2019

Jeffery OlaruPosted
  • Specialist
  • Hot Springs, AR
  • Posts 4
  • Votes 2

"standard price is $999" Seems to be a bit expensive.