Will Payne
Can anyone out there give me a definition of capital gains tax?
I’m wandering if someone out there can talk to me about capital gains tax and how that would come into play when owning investment properties? Would there be a time to sell and a time to hold based on capital gains tax?
Daniel Foster
Long Term Capital Gain vs Normal Income Tax
Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend. Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...
William Springer
First foray, insights welcome
I would welcome some insight from this professionals on this.My mother owns a home in brooklyn NY, and is about to retire next year. I am contemplating selling the home and using the proceeds for a 1031 exchange where...
David Lao
At what price point is it worth doing a Section 1031 exchange?
I live in CA and have owned several rentals in central PA for four years. It's in an area that is known to cash flow, but not appreciate due to a declining population. I've been thinking about selling a rental or two ...
Marizel Ashby
New and Excited to connect
Hi guys,
I am new to BP. I have been sitting for months now and stuck to alaysis paralysis in getting a small rental to start. I want to connect and network with everyone, in hope that I can learn from each of you. A...
Ryan Todd
Input wanted on growth strategy
I will try to summarize my thoughts so that BP community can weigh inI currently own 2 rentals, one in my local community and one in Austin, TXThe Austin property has anywhere from $75,000-150,000 in equity depending ...
Corinne Alconera
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area go for $30 - $40,000 less (traditional financing)
...
Michael Jackman
Qualified Opportunity Zone question
There is an opportunity for a complete remodel to a commercial property with store front first floor and residential remaining floors. It is also located in an QOZ. I'm not familiar with the tax benefits, though I hav...
Carson Wilcox
Starting out... help me understand the tax man
So. I am starting out, working on a deal right now where I will partner as a JV on a SFH with an experienced investor. At the end of any flips we do, I will get a check and a 1099 at year end...What I want to know i...
Deepak Jebar
Need help with a 1031 exchange
Hi all, I am a new BP member, mostly trying to read up and getting my way around on the site.I moved from New Jersey last July and rented out my condo - making it a rental property. I bought a home here in Kirkland an...