I'm trying to better understand how CG works.example:I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to ...

I have an issue coming up were my parents are selling there investment home of 6 years and want to re-invest in another state. However, will they avoid paying capital gains if they buy a property acouple of months aft...

First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.

I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...

I recently bought a duplex and am going to rehab one of the units. It should cost me around 5-8k to do so. In the mean time I sold a property and profited about 38k. I know i will have to pay taxes on the 38k. My ques...

I have searched the previously posted capital gain post and could not find a straight answer.I'm inquiring upon the 2 to 5 year (long-term capital gains) window that you have to be a primary homeowner to exclude or di...

my husband and I built a house in 2003 and lived in it until 2011 when we rented it and bought a new one, and we are selling the house in May of 2016. In 2011 we lived in it for 9 months. In 2012 we rented it for 8 mo...

Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...

Hello BP! If I do a complete BRRRR, and retain equity after the refi, then decide to sell before the 1 year mark, will I be subject to short term capital gains tax? If so, is there a way to navigate around that? 

HI All,   I had a property mortgage free and Owner financed it Dec 2020.  Capital gains are deferred.  However somehow the buyer just sent me a payoff in June and that will be a large amount of change dropped into my ...

Hi BP! I am selling a property in SC but I am no longer a resident there, do I still get the 44% deduction for capital gains? Thanks!