Mason Vitalis
Capital Gains in Minnesota
Hey BP! I'm trying to learn more about capital gains tax when selling a rehabbed home or refinancing for the equity. I've heard some say that holding for 2 years is the minimum to avoid capital gains, but I've also he...
Matthew T.
Does Depreciation of one property Offset Capital Gains on another
I am just looking for clarity on this matter. If I have a bunch of depreciation in my holding company, can that be used to off set capital gains tax on my flips?
Robyn J.
Looking for agent or investor in West New York, NJ
We are small private lender. Have a property going to sheriff sale in Hudson County, NJ in June 2015. Looking for responsible agent or investor to represent us at sale. Thanks.MODERATOR: RECOMMENDATIONS ONLY IN THE F...
David C.
Tax question new construction
If I decide later to start a construction business (actively building and selling new spec houses), assuming this is taxed as ordinary income with social security, etc and treating the homes as inventory - if you buil...
Michael Plaks
Reducing or eliminating capital gains: NO, it's not simple!
How do I deal with capital gains? - this is one of the most frequently asked questions on this BiggerPockets forum. The minute it is asked, investors jump in suggesting their pet strategy such as a 1031 exchange or a ...
Kat Rathell
Selling rental - capital gains tax?
We bought a duplex 7 months ago intending to rent it out. It was bought for cash from our home equity loan. We have now rehabbed the lower unit and found a tenant. They are moving in in 2 weeks. The upper unit will b...
Derrek Anderson
Section 8 Property Manager's In Macon, GA
I currently have a rental house in Macon, GA and I am in need of a new property manager who has experience with Section 8 tenants. Do any of you guys have a compnay or person in mind that you can direct me to? Any h...
Devon Daniels
Lienholder redemption period Alabamapost tax sale
I purchased a house with a mortgage last year during alabama tax lien sale . I notified their agent via certified mail with verified receipt. After the leinholder redemption period is over what should my next step be?...
JP Bouka
Foreclosure questions
Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?
The first lender is foreclosing on the house.
Thanks
Kate Li
Should I go through 1031 Exchange?
Hi,I own a 4 family house where I lived there for more than 6 years. Then moved to another state in the past 1.5 years. I want to sell this house and it’s 1.4mm. The purchase price of the house was 700k and has around...