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All Forum Posts by: Jonathan Kessous

Jonathan Kessous has started 11 posts and replied 40 times.

Post: 9 Unit For sale 13.75% Cap Rate Owner Financing

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi Timothy Brubaker,

Is this unit still available? 

If so can you send me the details (asking price, pictures, loan terms, etc.) to [email protected]?

thanks

Timothy Brubaker from Akron, Ohio

Post: Retire to Beautiful North Myrtle Beach - Fully Rehabbed

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi,

Sorry for the late response just saw your message now. for some reason didnt even show in my mailbox.

website is under construction but it is for israeli investors (its in hebrew).
how can i help?

Post: Taxes for Fix & Flip or short term capital gains

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi Natalie,

thanks for the info. Do you know what are the tax range? is it the 39.6% as I don't have an ordinary tax in the US.

thanks

Post: Taxes for Fix & Flip or short term capital gains

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Thanks both.

I  guess i was not that clear with the question (sorry about that).

I know that there is a tax agreement between both israel and the us and that i will need to pay first the tax in the US and if it is less that 25% then i need to add taxes in Israel.

From what i know and what some CPA's in israel (US ones) told me is that i need to pay both the FIRPTA withholding tax and additional tax for the short term capital gain.

I am trying to understand what is the tax i will need to pay for short term capital gain as it is based on the ordinary taxes per year (i believe according to the income tax) - in my case it is 0 as i dont pay any taxes in the US.

I hope it is clear now :)

thanks

Post: Taxes for Fix & Flip or short term capital gains

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

hi All,

Happy Holidays and New year to all of you.

My name is Jonathan, nice to meet you all, and I am a foreign Real Estate investor in the USA.

As most CPA's in Israel dont have the answer for this I decided to take the chance and ask it here :)

Part of my business is doing Fix & Flips or new constructions in which at the end i sell the properties. Most of these projects take less than a year which means they are considered as Short Term Capital Gain.

I would like to know if anyone here know what are the taxes that needs to be paid for such a deal. i know it says that it is according to my annual ordinary tax but i dont pay any taxes in the US as i dont live there nor I am a citizen.

i hope someone here has the answer :)

thanks

Post: Retire to Beautiful North Myrtle Beach - Fully Rehabbed

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

This Stunning Three bedroom Two bath Ranch Home located in a Quiet Neighborhood features a Bright & Open Floor plan with an Elegant flow. The Spacious Kitchen features Granite Counters with Subway Tile backsplash with New Stainless Steel Appliances, plus a Spacious Family room with a Warm fireplace in a Relaxing Setting. The Home features an oversized Master Suite, with two additional bedrooms with good size to them. There is a large Laundry room with a Basin sink as well. The Carolina Room…

Contact Daniel Brown at (843) 424-4749

Post: Retire to Beautiful Myrtle Beach or just a second Home - Rehabbed

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

This Stunning Recently Renovated 5 Bedroom 3.5 Bathroom House Located in a Quiet Neighborhood Features a Comfortable and Cultured Floor Plan. The Spacious Double Kitchen, Upstairs and Down Features Granite Counters with Plenty of Counter space while being Bright and Open plus a Spacious Family Room with a Warm Fireplace! The Elegant Master Suite Boasts an Impressive layout with plenty of space. You will enjoy the Peaceful Wooded Lot and the Spacious Back porch that spans the entire back of the house. There is a Great Mother in law suite upstairs that has it own private bathroom that connects to the upstairs kitchen!

Contact Daniel Brown for more info at (843) 424-4749

Post: Quadraplex- Columbia, SC

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi Kevin,

Can you please upload some images of the units. 

Thanks

Post: Investing in Myrtle Beach SC Area

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi All,

Nice to meet you all. My name is Jonathan and I am a foreign investor.

I have been in vesting in the past year in Myrtle Beach area and would like to hear your thoughts about that area. 

Is it good? How is the market there (for both flipping and rentals)?

thanks

Post: Charleston 3/1 Ranch for Sale! On great rental market

Jonathan KessousPosted
  • Rental Property Investor
  • cleveland, OH
  • Posts 51
  • Votes 8

Hi Parker,

Is this property still available? Are there more pictures?

Thanks