I am a 22 year old college student who just joined the community, currently looking to gain experience in real estate in the Metro Atlanta area.

I have searched the previously posted capital gain post and could not find a straight answer.I'm inquiring upon the 2 to 5 year (long-term capital gains) window that you have to be a primary homeowner to exclude or discount capital gain tax.- I understand that the capital gain tax is applied to the profit that you make from selling the house.- I understand that you have to live in the property for 2 out of a five year period.* Does this mean I would have to hold the property for at least five years?

Never heard of them.But want to say welcome to BP community, hope all is well.What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #rethinklife

HELOC will be harder on non-primary residence and a commercial loan would work but crush your profitability for no real gain. call a bundle of lenders until you have some options.

If you are just trading stocks by yourself I don't see the real benefit to having an LLC from a tax standpoint (since all of the dividends and capital gains would flow through).

Thinking about using a company like this to help navigate those areas until I gain some experience. 

Been in the car business past 2 years and thinking of transitioning into a mortgage broker or maybe become an Agent on the side to gain knowledge and build relationships.

The property taxes are higher in Texas but that doesn't matter as much if you're a flipper since you might hold onto it for a few months while you rehab and sell or maybe a little longer if you want it to be capital gains.

As far as numbers, does gaining a full understanding of them come from experience?

You can gain so much insight and foresight from B.P.