I have read many many articles on OZ but i still cant find the answer to this!...Please Help! :)
Can i as an individual buy a new build rental duplex or triplex in an OZ off a builder and qualify?. I read all the tim...
looking to find out how a capital gains tax for 2019, would affect a $95,000 profit in the state of mass
I am selling a multifamily I bought for 100,000. Over the course of owning it I have paid off $25,000 of what I owe on the mortgage.I paid 25,000 and got a mortgage for the 75,000.I am now selling it for 200,000.I am ...
Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
Done some research and can’t find my answer. Putting together my first private money mortgage and the attorney calls me out of the blue and says it’s a felony to lend private money out of a LLC so we have settled on l...
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Hello all, I have been on BP for a while now and still have not purchased my first property other than my own house. A couple of thing I am working on to achieve my first purchase: I am looking at 2 strategies (BRRR o...
Hi,I'm wondering how much does capital gains tax affect the overall profit of a short - term flip. Just looking for some more knowledge on this subject since I've heard it can eat a good amount of the profits.Best,
Hi,I'm wondering how much does capital - gains tax affect your profit margins? If I hold a property less than a year and flip it is it just ordinary tax (federal income tax) on the profits? Just looking for some clari...
Hi all, I purchased my 1st home in February 2010. I lived there until December 2016, when I moved into a single family home. I sold the 1st home in May 2019. I lived in the 1st home for roughly 7 years prior to moving...