Hello all thanks in advance for the assistance!
So I am putting my rentals on the market at the end of the month that I purchased for 230. The list price will be around 410. Just some other important information I h...
I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
So, I'm sure that this is going to reveal my "newb-ness" but I'm told there are no stupid questions. I thought we're in the trust nest, are we not?
As far as I know, in CA you must live in a purchase as your ...
We are selling a property that still in my wife's former married name, and looking to turn around and reinvest it in a new piece of property under an LLC. Is there a way to get around the "same name" rule of the 1031...
I have two questions...I read somewhere that you pay taxes when you do a flip but not Capital Gains tax if your intention was to flip... can someone explain? Here's somethings we are looking at.... we have held a hou...
Hi. My husband and I bought a property in Missouri last year, fixed it up, and are renting it out as an MTR. We are now considering selling it. My question is: how is capital gains tax figured? We would like to decrea...
I've been an investor for 17 years, and haven't sold any properties (well, a couple, but that was rent-to-own and they haven't cashed me out yet). I'm considering a sale, and part of that process is to calculate my n...
If a raw land parcel was sold at a profit, with the seller owning this parcel for more than 1 year, with the seller being in a 15% tax bracket ( from regular job ), would there be a capital gains tax liability ? Selle...
Hi,A year ago we sold our house that we had lived in for 5 years and made about 260K. We invested some of that on a rental property and built another house. We want to sell the new house and because we were the gene...
I rented out my primary residence for the past two years, but lived in it for the three years prior to that. The tenant has moved out, and now I am considering selling it. Does the fact that it was recently a rental i...