😵‍💫 In my backyard or out of state?

I have been on BP for a while but my profile is prompting me to do an intro.

I am interested in putting my skill set to work, buying undeveloped land, prepping it for building and then selling.

I have a capital gain taxes question:if I sell my home for 510k and provide the seller 10k seller credit towards escrow costs, would I be paying capital gains taxes in California for that additional 10k?

I'm offering full ask, and asking the sellers agent to pay 2% towards my closing costs.  

In my seven years of investing, I’ve only partnered with my wife and my father and have no plans to change that any time soon. 

My name is Enyo Kim.

Hello all,My name is Slavik and I'm a new out-of-state investor looking to invest in Jacksonville, FL.Currently focusing on single-family houses, without a specific strategy in mind.

In my view, these added expenses could very well negate some of the financial benefits expected from the tax cuts.Then there’s the issue of municipal budgets.

Hey everyone my name is Joe, I am in the south Florida region of the states.