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All Forum Posts by: Steve Milka

Steve Milka has started 2 posts and replied 6 times.

Post: Property Management recommendation for...

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

I use Dietrich Rentals and have been happy with them.

Post: Roofer in Huntsville AL

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

In need of a new roof and looking to see if anyone has any great contacts? Thanks for the help.

Post: Property manager needed in Mobile, AL

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

@Stu Wann Do you mind me asking who you ended up going with in Mobile?  Also, have you had good luck in Mobile?  Have just started looking in that area.

Post: Avoiding Capital Gain Tax

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

Matt - Good thing is we will not be looking for a new place their. I see the inventory is really low. Currently out in VA and likely to head to Huntsville from here in a year or so.

Dave - Won't be headed back to Denver any time soon so we will have to look at other options.

Thanks guys for the input! 

Post: Avoiding Capital Gain Tax

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

@Christopher Phillips

Thanks for the input.  Will look at the 1031 exchange or hang onto this one.  

Post: Avoiding Capital Gain Tax

Steve MilkaPosted
  • Investor
  • Denver, CO
  • Posts 6
  • Votes 2

First post and hope this is the right spot.  I have been on here for a while reading, listening and looking around and have a question that maybe someone can help with?  We have had a rental property in Denver that we lived in for 3 years and have rented it after that.  It has been rented out since 2014.  With that being said we moved out of that property and bought property 2 and stayed in the property 2 for just over two years and sold it to get our cash out of it.  Since we were in it for two years we didn't have to pay the cap gains tax.  This was on the tax filing in 2017.  We were thinking of selling the first house that has been rented out this year and thought we would be good on the cap gains tax again but now I am reading that you can only get this tax break every two years.  Do we now have to wait until next year to sell to avoid the taxes?  Any input would be greatly appreciated.