Kaushik Sarkar
Primary residence sale within 2 years
25 June 2024 | 11 replies
You will owe 15% federal capital gains on your net profit.
Anthony Pollachioli
Breaking into the rental market with Inheritance property
23 June 2024 | 14 replies
Tax implications are never based on local laws because we are talking about FEDERAL taxes.
Anthony Lucas
Cash out rentals and reinvest?
24 June 2024 | 3 replies
You will create a taxable event that costs you 15% of your profit, plus don’t forget the 3% surcharge on capital gains over $200,000.
AJ Wong
FHFA Announces Freddie Mac Pilot to Purchase Second Mortgages of up to $78,277
24 June 2024 | 0 replies
The Federal Housing Finance Agency (FHFA) gave conditional approval on Friday for a pilot program allowing Freddie Mac to purchase SFR closed end second mortgages.
Paul Evans Jr
Evict or wait until lease expires?
24 June 2024 | 12 replies
Once you are officially evicting, that means start the process with the city, you can get the Federal Marshal to present, and eventually get them out for you.
Andy Horobec
Income from wholesaling to pay off my house
23 June 2024 | 5 replies
If you are earning income of any kind, the folks at the federal government want their piece.
Petronella Kerssens
Advice needed on purchasing multiple properties in Florida as European investors
23 June 2024 | 11 replies
Florida does not have a state income tax, therefore, you would only be required to file a federal tax return.Best of luck.
Stacy Tring
Depreciation recapture rate + offset from capital losses
22 June 2024 | 2 replies
Depreciation recapture is taxed at a maximum 25% at the federal level.
Nicholas Bagliani
First time home buyer advice
24 June 2024 | 13 replies
This is going to keep prices up regardless of the Federal Interest Rate moving a point or two.
Brian Bradley
Asset Protection for Real Estate Investors
23 June 2024 | 105 replies
The laws and rules that govern will change from state to state, state to federal, country to country.