Hello guys.I have a question. I am wondering if I do a Master Lease Option on a property,what date is the effective date as it relates to determining capital gains. If I decide to buy and later sell the property;date ...

When is capital gain taxes paid immediately after a sale of an investment property. Or at the normal tax return time.

I have owned a rental property in Colorado for the last 2 years. With the market now skyrocketing I would like to fix the property and sell in order to gain capital to begin fix and flipping on a regular basis. Howeve...

Hey BP Nation,I have a marking system in which I participate in door knocking to find leads and potential deals. I like to door knock because it gets me out and face to face with potential sellers while getting a good...

Hello,First time poster, long time reader. When you rent a property I know you want to have extra money left over after paying property taxes, maintenance and taxes etc, but in town where it is more competitive does a...

Hi Guys, when you sell a property that is under an LLC to an other investor, do you have to pay the capital gain?Please help!Merci.Guillaume

BP Tax Gurus,My question is regarding short term rehabs.  I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...

Hello BP! My question is who should I speak to about what to do with capital gains accumulated from wholesaling? Currently the capital is sitting in the company checking account. I'm not sure that is the best place fo...

Hello there,Anyone know what's the general capital gain for fix and flip (hold less than a year)? I'm in CA. Ex: IF purchase price $200K, sell for $300K, rehab $30K --capital gain is about 30% from $70K (purchase pric...

Im trying to do a subject to deal in california. The owner has a rental property. He is 2 months behind on his payment, he has been renting it out for more than 4 years. He owes $300k on it and the area comps for $300...