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Would you hold a $1,000/month cash flow property (before OPEX) or sell for 120,000 profit? What factors would you consider when analyzing?
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Aloha! We just refinanced our house. We've been in it for a year and a half. We might want to sell in a couple months. Does our clock for paying capital gains tax restart when we refinance?
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I am about to move out of my primary residence and rent out the home. The two year mark from closing is May 9th next month, but we provided a 3 week lease back to the previous sellers. In order to ensure we are not li...
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Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained...
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I have an offer to buy my primary residence "as-is" for a decent amount over what I have on my mortgage for my PR. I haven't been in the house a full 2 years yet so there would be 15% long term cap gains tax I think. ...
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Looking for a tax advisor to help someone with a large capital gains this year based out of CT. Anyone have someone to recommend?
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Hello! I’m hoping someone here has been in a similar situation and can offer some advice. This is regarding my primary residence (in NJ).The home I live in now was purchased about 6 years ago with a HELOC on my fath...
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Is there a calculator for estimate capital gains tax? I’ve heard 40% of profits as a general rule. I understand there are several variables. Any help appreciated. Thx!
I will be selling some land that I own and am having trouble understanding the tax that will be due. I entered the figures into 2020 tax software but the amount due does not match my understanding of tax computation. ...
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Me and my wife have lived in our home for almost about a year and a half. We have gained quite a bit of equity in our home and are wanting to move into a larger home. We have found out that since we haven't lived th...