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Hello Biggerpockets Pockets. I want to find out a play that is realistic for growing my buy and hold goals for financial freedom. I live in Phoenix, appreciation has been great during this time and my 4plex has gained...
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I have been doing my research for the past few months and I have been trying to investigate all aspects of "the flip." One question I have is- How much do most of you generally pay, percentage-wise on captial gains. I...
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Good day!!I am trying to get started in the real estate flipping sector of Investing. Currently I have no initial start up money. How or what is best method for creating capital to make my first purchase.
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If I know I'm going to have capital gains , would it be best to spend the money that's going towards tax on the gain or spend the money on capital improvements to bring up the cost basis?
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Hello guys.I have a question. I am wondering if I do a Master Lease Option on a property,what date is the effective date as it relates to determining capital gains. If I decide to buy and later sell the property;date ...
When is capital gain taxes paid immediately after a sale of an investment property. Or at the normal tax return time.
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I have owned a rental property in Colorado for the last 2 years. With the market now skyrocketing I would like to fix the property and sell in order to gain capital to begin fix and flipping on a regular basis. Howeve...
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Hi Guys, when you sell a property that is under an LLC to an other investor, do you have to pay the capital gain?Please help!Merci.Guillaume
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BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
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Hello BP! My question is who should I speak to about what to do with capital gains accumulated from wholesaling? Currently the capital is sitting in the company checking account. I'm not sure that is the best place fo...