All Forum Posts by: Mike Reynolds

forgot to add...you will need a high fence for your wildlife manager to do a good job.

Dont know what the hunting group does in GA but here in Texas it is real money. If you do quail you can do dove also, guys pay almost as much and here the season is different. Turkey and quail kinda overlap in the spring here. Not sure of the seasons there.

IE, have a friend who owns 6k in south Texas and charges 15k/whitetail deer. Over 200 is 25k PER deer. but you need a year round manager to make sure you have 200+ deer. The temptation is hard to resist for some hunters. Anyway, he makes 500k - 800k year GROSS. but he also has !00k for manager, 50k for hospitality manager and about another 100k for seasonal cooks, cleaners, and groundskeepers. The good news is that deer season starts in Oct. with bow and turkey season ends in March here. The rest of the season is just groundskeepers and wildlife management (it is a year 'round job for a good one).

If you are going this way maybe I can get more info for you on the numbers.

here is a link to the schluter system for transitions

http://www.schluter.com/137.aspx

Oh and that door (if it hasn't been cut already) will have an 1 1/4 of wood before it gets hollow. Even if you happen to hit the hollow part you can fill in with glue and wood. Its only a matter of cutting out the cardboard (thats whats inside) to make room for it. Sounds like a chore but its not that bad really.

There is a transition for tile called shcluter (sp?) you can find at any tile or flooring dealer. It is designed for tile but if it is the right thickness you could use it for Allure. There are a few different styles that should work fine for your ap.

As to the Allure coming up because of wet concrete, it may be because the slab is supposed to have a vapor barrier under it. Those older homes may or may not have it and cause water to seep up. If you haven't had a problem yet you probably wont in the future. You can do a moisture test on it if you are worried about it.

IIRC Allure is designed for moderately damp floors like basements anyway. Keep in mind, even though I have been a contractor for 30 years, flooring is not my main thing. I know some things but I am not a pro on it.

meant to say that the track can be installed on top of the floor

ok misunderstood the OP then. Can you cut the bottoms of the doors then and run it into the closets then?

Here's an idea. Since it is at a patio doors on the exterior, why not tile it with ceramic as a mud area, then use a regular transition for that?

Thanks all for the replies. I have never actually sold a house other than my own residence. All my stock is in my IRA's and 401k so I have never had to pay a capitol gains tax at all.

So basically all income form either the building process and the sale will be earned income taxable. I haven't said yes to the deal yet so I just wanted to get a feel for what was coming down the road next year.

I have read some on capitol gains but the info I find is for married people not partnerships. Here is my particular situation. Myself and a friend want to build a spec house and we basically have a buyer lined up. We both have had success on our own with rent property. He is an electrician and I am a builder. We will build the house on our own and our projected profit will be 25k. We will pay ourselves as we build it so that will be taxed as income of course. But the capitol gains has me confused.

Will I have to pay capitol gains on the entire 12.5k or will I be able to use the 250k deduction? Also, if we reinvest it back before years end how would the capitol gains tax work for that?