I just bought my first investment march of last year I gain over 50k in equity  .

Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.

I am new here just trying to learn and gain knowledge to start buying my own rentals 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $20,000

Cash invested: $45,000

Sale price: $99,000

Contributors:
Peter Vekselman

Partner Driven...

1) If you've got guys willing to front all the money while you gain experience and make some money then that's a no brainer.

I’m especially interested in residential rentals, STR's, or multifamily properties, but I’m open to exploring other areas as well.I’m here to connect with like-minded individuals, gain insights from experienced investors, and contribute however I can to this community.

In the meantime I would put the money in a low risk account gaining 4-5% which for $250k would be around $1k/month.Hey Chris - what is driving the sentiment not to buy anything right now?

So essentially you’re saving on capital gains, but getting lower returns for that capability.

We are looking to do long-term rentals for a buy-and-hold strategy, starting to build up our portfolio and gain momentum. 

Managing your own property and finding tenants is a great way to gain hands-on experience.