Im looking to buy my 3rd property with some vangaurd index funds i have saved up. I am going to pull out enough to put down 25% on the property. Do i have to pay taxes on that 25% if it is going straight into another ...
If I build a duplex for $400k and sell one side for 300k can I avoid capital gains if I roll that 300k into the mortgage resulting in a 100k mortgage for the other half of the duplex?
What are some ways that I can avoid capital gains on some land that I want to sell?
Trying to gain some more information in regards to capital gains...Scenario..CondoBought Condo on 8/18/2014Sold Condo on 5/4/17. **Lived in Condo for at least 2 years (I rented it from September 2016 to 4/17). My name...
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 ...
Good morning BP nation, I’m a newbie investor right now I’m focusing on just analyzing property and just getting a better understanding of REI. I’m the type of person that wants to understand every part of something I...
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...