Is there a threshold for when you have to pay capital gains tax? For example do you have to make $100K before you get hit with capital gains? Thanks!

Hello,I bought my house in April of 21 for 185k. It is now worth 250k in just a few short months. The house down the street from mine is the exact layout and just as nice as mine sold for 250k yesterday. Is there a wa...

Hello BP Community. I’m kind of in a weird scenario here and I’m looking for a little direction. 

Six months ago my wife kids and I moved out of our owner occupied duplex and purchased our second property single fa...

How to I approach legally and formal to raise capital from friends and family?.
Should I have a deal on the hook first?. Always what other things I should consider when dealing with friends and family or anyone in te...

Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?

How'd everyones' Monday go?? If you're like me and love what you do, than it was probably a pretty great day. I own a hard money company and we are looking to poll the investors for some new loan product ideas. I hear...

The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...

My partner and I have everything in place. Accountant, Lawyer, Business Plan, Real Estate Agent, Project Manager, General Contractor, Joint Venture Agreement, Hard Money Lender but what we cant seem to get is inves...

I am wondering if anyone knows how capital gains work state by state. Does Utah follow the same capital gains exemptions status of living in a primary residence, married for two years or more - with a gain of less tha...

Hi BP,
I have currently owned my property for 6 years and am curious to know if I rent it out for one year, then sell, will I have to pay capital gains since it's been rented for less than two years? Or, since I hav...