Vic Vega
Understanding Capital Gains Tax
Hey Everyone! So I'd like to gain some feedback from those who are fairly knowledgable in dealing with Capital Gain Tax on selling investment properties. From my current understanding Capital Gain Tax are assessed bas...
Michael W.
What is COGP Capital?
Does anybody know what COGP money is? Putting a deal together, and this acronym came up, but have never seen it before. Cost of Goods Produced? But that makes no sense. Thanks for your help!
Diogo Marques
How to raise capital
I'd like to know from you more experienced investors the headaches you had when raising funds for your ventures.
Michael Hajduk
121 Capital Gains Exclusion
Hi, I was wondering if anyone out there has experienced this scenario before. I physically resided in my primary residence for 22 months, then was sent out of state for a year-long training course. I fully expected to...
James W.
Capital Gain Tax Question
Hi guys,Does anyone have real experience paying Capital Gain tax on an investment property?We can use an example of a condo purchased at 500k and sold at 1M, held for 5 years with no owner residency. How much tax is t...
Account Closed
Seed Capital vs. Reserves
What do you believe is an appropriate percentage of Seed Capital vs. reserves that you should have. For example, if you are buying a $100k house and have to put 20% down how much should you have on reserve (20% or more)?
William Behm
Long Term Capital Gains
If I am married filing jointly and we make $250,000 income during 2018 and then sell an asset for $750,000 Long Term Capital Gains, what will be the tax rate on the capital gains?Trying to understand:1) Are Long Term ...
Account Closed
Documenting Capital Expense(s)
Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting. I...
Aaron Antis
Access to More Capital
I currently have 2 rental properties that I recently purchases. I have enough cash to buy 2-3 more, BUT that’d be basically the end of my quick money. What I’d like to do is, instead of buying those LTR’s, I’d like to...
Sam Webber
Capital Gains after Death?
Hi BP Fam, I have a couple questions regarding my grandparents house, If there is any info you have or could point me in the right direction that would be greatly appreciated. Both of my grandparents have both now pas...