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5 December 2024 | 8 replies
Because I want to continue investing, avoiding paying the personal gains is what my mind is occupied with.
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4 December 2024 | 16 replies
This will minimize the tax burden of the gain you currently have and defers any other gain through the 1031 giving you more buying power going into the future.
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17 December 2024 | 86 replies
I would use the 150K and be a hard money lender for others you would gain the net working with them and the interest you get back put that towards your business for marketing and growth.
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2 December 2024 | 11 replies
You can exclude all appreciation on the original capital gains investment when you exchange or sell a property in an opportunity zone if you held it for more than 10 years.You are able to permanently exclude 10% of deferred gains from capital gains tax as long as you hold the property for at least 5 years and 15% if held for 7 years.Deferral of recognizing capital gains after the sale of a capital asset as long as the capital gains are invested in a QOF within 180 days of the property disposition.
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7 December 2024 | 14 replies
After a little while of this you can slow down and just use the one contractor you have gained a good relationship with and know their numbers on rehabs.
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2 December 2024 | 3 replies
They may or may not have good reasons and unless they communicate those reasons and perhaps even substantiate them I really try not to give them any weight.
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2 December 2024 | 10 replies
Check bed frames and chairs for their weight limits.
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7 December 2024 | 8 replies
POW you maybe just gained a buyer.
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17 December 2024 | 36 replies
It looks like it could deliver a 7% gain.