Quick question:Quick question - How much total capital gains tax (both fed and state) would be for a property that I bought in 1997 for $500,000 and sold today for 1,000,000?

Hey BP community, I'm trying to get a handle on the BRRRR strategy and although I think I've got it I have 2 quick questions:1.) 

Tell them you will pay them cash for a quick close.

So just a quick question.

Tell them you will pay them cash for a quick close.

The biggest is, you will hit scaling challenges quickly.

The key is to have a solid plan to get to break even as quickly as possible by raising rents and creative financing at the time of purchase@Daniel Gonzalez I go through different strategies based upon the tenants. 

And it it quickly dawning on me I need an attorney and a cpa which specialize in real estate investing.

Tell them you will pay them cash for a quick close.

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