Caleb Webb
Capital gains question
I have a condo i bought about 8 years ago. I lived in it the first 2 years then had to move for work. I rented it out to a friend and have hardly made any profit after hoa and mortgage. It's worth about $150,000 more ...
John Kerr
Capital gains reinvestment
I was wondering if I sell one of my rental units if i can re-invest the capital gains to avoid paying taxes on it. If so how long do I have to re-invest? Any info on this subject would be greatly appreciated.
Thank yo...
River Ayton
Capital Gains Tax
TAX QUESTION!I am partnering with an individual to do a live in flip. I would live in the house for at least 2 years (to avoid capital gains tax) before selling. My partner would not be living in the house. Will he al...
Karen Bolyard
Capital Gains Question
Hello everyone,I recently purchased a SFR as an investment property and started rehab this week. Trying to decide whether to flip or rent. I had originally thought I would rent for year and do a 1031 to avoid cap ga...
Edward Jordan
Capital gain taxes
I brought some land in ohio 2 years ago for 15k and now someone want's to buy it for 25k. i have 2 question. do i pay the capital gain tax in the state where the asset is located. how much do i have to pay in taxes i...
Christina Galdieri
Capital gains start
Question about capital gains. I purchased a lot in August of 2022. We put well, electric and septic on it in 2023 and now in 2024 we are putting a manufactured home on it. This will be my primary residence but I may w...
Sean Sheridan
Capital Gains Tax
Hello I just got my first flip under contract and did very well on it. I’m trying to find if there is a way to lessen the amount of capital gains I pay. I never made the property my primary and only had the house for ...
Haemi Jung
Capital gains Tax
Hi community.We are planning to sell our Co-Op Apartment in New Jersey this year, and we have a potential buyer. However, we are unsure whether we need to pay taxes on the capital gains from the sale. I would apprecia...
John Brown
Mitigating capital gains
Good day all,
i have found a property that is for sale and the owner wants out of it. It is approximately 5 yo and consists of a few duplexes for sale on one side of the block and he owns a few more on the other si...
Bryant Harvey
Capital Gain Taxes
We are looking to sell a couple single family homes in Indiana. We have held them for 8-10 years. Is it better to sell them in different years to save on the capital gain tax? I've heard that if you sell them both in ...