How does capital gains tax work for a land contract sale?

If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.

...

My real estate wholesale business had a loss of over $8K in 2013 and I was/am not a RE professionals regards to IRS terms. I had profit in 2014 for wholesaling of over $15K. Could the 2013 loss be carried over to 2014...

Interest income is taxable on schedule B. As a lender, what if the note in addition to interest also calls for a split of the profits on a flip, is that also considered interest? I'm assuming lender has no ownership...

Hey guys.  First time running numbers on a BRRRR.  I'm a little confused.  When I refinance, shouldn't I be getting some cash back on this deal?  Does this calc tell me how much?  Maybe I'm missing it. Anyway, overall...

I recently purchased 8 units on the same property in WV. I inherited a tenant. She does not have a lease. She has been paying her rent monthly. Well today my wife happened to be working in the area where the...

I hope I can save some folks from making the same mistake we did. Tenant Cloud is cheap and has some good features….but accounting is not one of them.I jumped into tenant cloud with both feet, partially because I read...

I'm not receiving tags, messages, etc. to my email, and I've checked to make sure BP isn't blocked on my email acct. - anyone else experienced this and know how to fix it? It's a pain to keep checking my inbox for ...

Can anyone recommend an affordable yet accurate skip tracing company/site?

What service does everybody use for background and credit checks during the tenant screening process?

Personally, i listed my rental with an agent, and he took care of that for me. Im trying to gain a little more in...

What Do You Do To Find The Perfect Tenant?