So, I'm curious if any one has heard our read about a proposal of unrealized capital gains? Meaning if my house gains value, will I be taxed on it? This terrifies me.
Hello, I am located in the akron/canton area in Ohio. I currently have a quadplex and just bought a flip property at $166k with hoping to have a rehab budget of 30-35k the ARV in the area is from 250-275k. I have all...
Hello! this link was very helpful thank you so much for taking the time to post it. My question is regarding the Capital Gain Exemption...
What if I bought a Property: January 1, 2015 for $500,000
Rented it out unt...
If I start a house flipping BUSINESS under an LLC, do I still pay capital gains tax like an individual would?
I’m not sure if this has been answered, but I haven’t found something I understand. I’m having a hard time finding out... I have a house in an LLC that was sold this month. We have owned the house for three years. One...
Hello Does any one Have been used Swift Capital ? I received a letter pre approval until $500,000 dlls.but i don't know how exactly works, the lady want to ask me for LLC information that i just open, she didn't giv...
Would REIT investing be a good start toward building capital for my first investment property? I eventually would like to get into house hacking (I'm still living with my parents too, only 21 years old)
Hi friends! I am just starting out in REI. I am trying to think through creative ways to get started. I have been renting a townhome for the past 5 years. I am wondering if it would be possible and/or advantageous to ...
So I have been calculating the capital expenditures for a new home and I was reading the bigger pockets article which was great. But there were two expenses on there that I really dont know too much about or what woul...
Hi all, quick question here. I'm selling my Texas rental property and I live in California. I know that I would have to pay a federal capital gains tax if I don't do a 1031 exchange. Does anyone know if I have to pa...