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16 September 2015 | 1 reply
Many couples want to use the 5 year period post divorce for real property transactions that can still benefit from the section 121 marital exclusion on capital gains.
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19 September 2015 | 2 replies
Fees mount up, and you, hopefully have gained a good investor/friend.
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16 September 2015 | 1 reply
The capital gains tax rate on the sale of personal property you held less than one year is the same as your marginal income tax bracket rate.
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16 September 2015 | 1 reply
Here I am; I've had rentals in the past and didn't know what I was doing and ended up selling the properties....mistake.I'm here to learn as much as I can so I'm not making mistakes, you'll see me in webinars, on the forums asking questions and overall trying to gain the knowledge necessary to not loose money in real estate investing.
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11 October 2016 | 13 replies
You can gain experience in chatting with potential sellers - no one is born with this skill, it is manufactured by you.
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23 September 2015 | 21 replies
It takes me about 3 hours to do the work, and the reason I have the time to do it is because I don't participate in the world of gainful employment, which is more commonly known as Job.
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17 September 2015 | 2 replies
I'm happy to be here and looking forward to gaining knowledge.
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18 September 2015 | 4 replies
Welcome Robert.My suggestion would be to partner with a more experienced investor to gain experience and contacts, before trying it by yourself.
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6 August 2019 | 6 replies
After selling you have a gain of $125k and net proceeds of $150k.
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22 September 2015 | 6 replies
I understand that you avoid capital gains taxes doing it this way.