All Forum Posts by: Rashad Jones Jennings

 Im aware that I will have to pay tax, my question is will I have to pay capital gains tax on it. 

 Yes thats how long the rehab took. 

I purchased a townhouse in December of 2016. Never occupied the property, just fixed it up. Im looking to list it next week but want to make sure I am in the clear of paying capital gains taxes on it. How long do you have to own a property in order not to have to pay capital gains taxes? Thanks. 

UPDATE: Hey everyone I spoke with the owner and he said I could change the dates to my event. With that being said lets keep it consistent and meet at Southside Social at @Kelly Rastatter event. See you all there. Thanks. 

 Well Richard I spoke with Kelly via private message and regardless of how you feel it may "Look" it was a coincidence. With that being said, she told me that they have their meeting on the 3rd Thursday of every month in which I will be in attendance from here on out. Real Estate is a team sport & I'm here to work with everyone, not compete. So just to clear it up for you I didnt know about their event but I will be in attendance  next month. Thanks 

 Oh wow, I didn't know that. I see how that my conflict. But this is the only date they could give me :-( Since I am already booked we will proceed with this event but in the future I would like to work with the host of that event so we don't have this issue again. I will send you a PM. 

Come out and network with the Real Estate movers & shakers in the Chattanooga area. This event will require 'Real' networking; but don't let that scare you off. After all this is a networking event. You may just find your next partner on a deal or sell a deal you have been shopping around. Its a win win for everyone. Chattanooga Cigar Bar offers a nice ambiance and a friendly atmosphere. Lets add value to each other!

• Come in ask for Rashad, you can't miss me 6'8" tall. I want to meet you! I want to do a deal with you. 
• 50% off your first drink
• Complimentary Hors d'oeuvres 
• Drink Specials 
• Great Networking 

Atlanta is on fire right now. Theres still some deals out here but its hard to compete when some buyers are overpaying for properties. Im from Chattanooga, currently living in Atlanta and from what I am seeing is a lot of investors are moving to the secondary markets.