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19 December 2018 | 16 replies
The 50% would flow back to the solo 401k and other 50% to you and you would pay capital gain taxes on your 50%.
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27 May 2016 | 5 replies
Gaining a better understanding of supply/demand, pricing, and taxes helps tremendously in any form of business.I believe you can be very successful in real estate if you go into it with an economic mindset.
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15 January 2017 | 20 replies
There is no likelihood you are trading into bank loans and trading out of them for a gain anytime soon.
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29 May 2016 | 5 replies
If the market is so hot that I can't find a deal that nets cash flow, would you buy a cash neutral property, or just pay the capital gains tax and depreciation recapture??
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28 May 2016 | 1 reply
So I haven't gained experience with wholesaling yet but I am pretty certain that you would still use the 1-4 Family Residential Contract that is promulgated by TREC.
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28 September 2016 | 24 replies
I would have to respectfully disagree with Kami S.Hardmoney lending:$34k lent out for 1 year at 12% interest will give you a gain of $4,080k.
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4 June 2016 | 21 replies
I stumbled across Bigger Pockets through google searching the topic of Real Estate Wholesaling, and I'm excited to meet some new people, gain some new knowledge, and eventually pass the knowledge on to others!
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29 May 2016 | 13 replies
If I sell, there will be 300K cap gain and 80K deprec recapture.
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30 May 2016 | 25 replies
Mary, I'm confused, what are you gaining here?