Joshua Massari
Anyone out there using a SDIRA to offer hard money loans?
1 April 2015 | 3 replies
I was originally intending to use these funds for fix and flips, but since I cannot be involved in the labor aspect and I will get taxed at 40% ( UBIT ) on the gains, I am looking into lending this money to other fix and flip investors so that my gains can grow tax deferred.
Chris Johnson
New to BP from Houston, Texas
31 March 2015 | 6 replies
My goal is to grow my network with other like-minded people and gain as much knowledge as possible.
Pedro Maldonado
Hello All....yes another newbie here!
31 March 2015 | 8 replies
Hi,My name is Pedro from Taxachusetts.I've been gaining knowledge by the minute on this incredible forum.Kudos to its creators.I have several goals to get into real estate.My wife and myself would like to wholesale,flip and buy & hold exclusively multi families for the passive income.We also would like to get our 15 year old son involved as he has shown extreme interest in watching HGTV and DIY channels about the flip and rehab shows all the time.
Darla Holtzclaw
1031 Exchange Scenario - Purchase a Duplex Live in one side?
31 March 2015 | 2 replies
Hi Folks,I'm afraid that I'm going to be paying some Cap gains this year on a property I've had rented for a few years.
Tatum F.
Clean Slate in Philadelphia, PA
3 April 2015 | 12 replies
Just keep on networking, and eventually, you will meet enough people in person, and gain enough knowledge to get after it at an exponentially quicker pace!
Anastasia Ward
Help Please
31 March 2015 | 7 replies
From what you have told us, there is NOTHING to be gained for you in trying to put this property "in the works", because it is not even close to any sort of deal.
Rita Temple
FHA Loan and flipping first house
6 July 2015 | 11 replies
The nice thing about buying a house you live in, is you can generally change/sell houses every two years and not have to recognize the gains for tax purposes and you can roll it into the next one.
Jason Thomas
Capital gains rate for condo sale upon retirement
6 April 2015 | 2 replies
hi all,My question is in regards to capital gains.
Account Closed
Buy & Holds Out-of-State Portfolios - Who has been holding for 10+ years?
6 April 2015 | 114 replies
As a result, I will make it a point to track these factors at least annually, and adjust the location of my portfolio accordingly, as well as divest my portfolio when the overall trend slows.I will, however, continue to do pure flips out of my IRA LLC, thus obviating the impact of short-term gains from a tax perspective.
Account Closed
capital gains tax on property
31 March 2015 | 2 replies
How much capital gains tax will i have to pay