Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a home at lease 2 yrs for capital gains?

save money to join your local rei club.use the local library to gain access to free books and audio/cd (listen to them in your car).as far as dealing with your husband - just educate yourself. it'd be tough to give you marital advice because of the lack of information. you'd need to give more info.

I am already working with a Realtor, but I would welcomethe opportunity to gain experience from an expert in thislocality.

I also recently gained MLS access and am looking for advantages for my venture into real estate.

Some projects/investments will require more of your time/attention/management than others.

I put in about 10k of my own money into rehab work to increase the value of my property by approximately 23k.How do I realize this 23k gain without selling?

Will it be short term capital gains (and if so, what %), or will it be counted as regular income (and therefore my tax would be 200k plus my regular salary, which is 50k?)?

He used to move every two years and take that tax free residential gain.

For anyone willing to share, what do you typically profit (after all fees, not including capital gains) make on a single family home rehab with an ARV of say 200k?

In many cases, a partial 1031 exchange may still defer a portion of the depreciation recapture and/or capital gain income tax liabilities, unless the Investor is trading too far down in value.Installment Sale Treatment Under Section 453 In the case of a failed or partial tax-deferred like-kind exchange transaction, an Investor may be able to defer his capital gain income tax liability into the following income tax year rather than the income tax year in which the relinquished property closed.Investors should not forget to take depreciation recapture into account.