So, after paying off the mortgage,  would net $58k (and wouldn't pay capital gains taxes as I have so many losses from previous years).

An LLC could be a smart move for liability protection and tax reasons.

I know there will be taxes and fees I must pay to do this.

Hey @Christina Galdieri, I am a bit confused on your question but in general: If your asset is sold after 12 months from buying it, those gains are considered long term capital gains and taxed at a reduced rate. 

They have full real estate cycle experience, conservative leverage at around 40%, diversified thousands of properties across geography, and tax that they feel are recession resistant.

@Tom Puiia if you're only engaged for tax prep service with your current CPA, that may be why your expectations are not aligned with the service you're receiving.

Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year?

I see lots of posts about trying to do this as a way of circumventing taxes, but nothing about doing it as a way to increase W-2 income.

Just send your RTR rep a message and we'll get you on the right track.This is an excellent loan option that will allow investors to scale quickly and maximize tax benefits!!

Some states are easier than others; however, it is important to understand the process and laws of owning properties in another foreign state.