Brie Schmidt
Tax Questions about Flipping
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...
Robert Hastings
short term vs long term capital gains?
i invest in sub 50k homes.i bough a house for 25k in December of 2016. i have an offer for 59k. what should i expect to pay in capital gains if i sell for a 34k profit within one year (short term)?what should i expe...
Bryce Nurding
Free Rental Property Analysis Model
Good evening!I have created a rental property modeling tool in excel. This will be a great addition for any beginner or intermediate investors that are feeling disorganized or want to gain a better understanding of th...
Stephanie Cristiano
Offsetting gains and/or recapture with suspended loss carryover
I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright. I have suspended loss carryover associated with the property. I often see general guidance such as follows: "If you ha...
Katy King
Selling in under 1 year of ownership
I just bought my first home July 2018, I currently live in half & have a tenant with a 1 year lease(Sept. 1, 2018-Sept. 1, 2019) in the other half. I am considering selling soon. What are my options? Do I have to ...
Justin Greenwood
Real Estate Property Analysis Question Related to Taxes
Hello Biggerpockets community!I'm a new investor. I bought Frank Gallinelli's "Mastering Real Estate Investment: Examples, Metrics and Case Studies" to practice analyzing property data to determine if a product was a ...
Toshiki Hoshino
1031 Exchange Example Question
Hello BP,
Question regarding exchanges in following example.
Selling Price: $1,200,000
Purchase Price: $200,000 (Fully Depreciated)
Exchange Properties:
2 different properties purchased for $400,000. What is the ...
Zac Davis
Taxes on my first flip
Hello,I'm to the point where I'm ready to dive in I believe. Just need to find the right deal and I'll be one of you all. I do have a question about taxes on the first flip profits (assuming there are profits)I read t...
Joe B.
question about capital gains tax
i was gifted a house... im looking to sell the house now and want to avoid capital gains tax.... can i gift the profit from the sale of the house to a family member and avoid capital gains tax?
Harald Blaauw
Selling rental property
Hello fellow investors: we are planning (for the first time) to sell 2 properties in the next 2 months, and mostly pay off other ones with it. My CPA said that the IRS will add the full sale price to our income to pro...