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,

how much  should i set aside if i get $10k wholsale fee?

Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...

My wife and I plan to retire in about ten years. We will probably have $500k in taxable accounts and $500k in 401Ks. Initially we will draw about $40k each year from our taxable accounts. Since withdrawals from taxabl...

I just turned 59 1/2 can I now take money out of my self-directed IRA (SEP) without any penalty? If I do, does this require taking social security as retirement?
Notes:I am sure that I will have to pay taxes on any t...

I've asked this before, and came away MORE confused. So let me try again.

Another poster on here in an older thread said: "In a few years when my units are paid off, I can keep the full rents as profit." (p...

I have already hit FIRE and and am well below official retirement age. I am looking to keep investing into a ROTH IRA preferably having one of my LLC make an employee contribution on my behalf. First is this possible/...

Hello BP,I just bought my first investment property and am learning a lot of tips and tricks because of you all, so thank you very much!What are the best improvements i can make to a rental property that i can write o...

Hello everyone, I am looking to get into REI and am taking a hard look at my financial and credit situation to set real goals that will help me purchase my first property.  Although I haven't been analyzing my finance...

When paying Capital Gains, do you pay both Federal (15%) and State (?-varies by state?)
I know, 1031 and defer...but thinking about keeping options open as to how to re-deploy...
Thx.