To markets where you’ll gain long term tax free wealth. 

Then when you sell another 22% and 8% on that gain?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $20,000

Cash invested: $45,000

Sale price: $99,000

Contributors:
Peter Vekselman

Partner Driven...

For the moment though, I am just trying to gain a more robust understanding of all things real estate that I could reasonably see in my future.  

It will save you a ton of money upfront and you'll gain the experience to upgrade to larger deals.  

I'm trying to gain as much knowledge as I can before I take any action.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I’m eager to learn from those with experience and willing to put in the work to gain hands-on knowledge.I’d love to connect with others in the community—whether you’re seasoned investors or fellow beginners like me.Looking forward to any advice or insights you can share.Best regards,

As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.