Question by B Melissa: tips on how can you make big money by selling and buying properties? Best answer: Answer by Hoa NYou need to become a handy woman, know how to fix the house up. If you want to buy or sell houses, you have to buy a depressed properties and fixing them up, [...]
Posts Tagged ‘money’
My home in Tx. is an inheritance. If I sell & buy another with that money does my husband have rights to it?
Question by Pamela C: My home in Tx. is an inheritance. If I sell & buy another with that money does my husband have rights to it? By Texas law my husband has no rights to my home since it was inherited. Right now we are seperated. I want to move out to the country. [...]
Q&A: How would I find a private investor to lend money to fix and flip properties?
Question by Running Man: How would I find a private investor to lend money to fix and flip properties? I have bought and sold 8 properties in the last 18 months here in Wisconsin. I have some money to roll over, but I am looking for more in the arena of a private investor willing [...]
Q&A: if i sell some hunting property&use the money to buy a house what are my liabilities to capital gains?
Question by mit: if i sell some hunting property&use the money to buy a house what are my liabilities to capital gains? what about if i traded? Best answer: Answer by glennCall your CPA and ask about a 1031 tax deferred exchange. This is (I think) your only hope. It is based on the idea [...]
how can I buy property from my parents without spending much money?
Question by INVENTOR: how can I buy property from my parents without spending much money? My mother bought 40 acres of land in India. Neighbor wants our land but we are not willing to sell it to him. He has been bothering my parents by creating disputes such as not letting my mother demarcate the [...]
How long do you have to buy a house after you sell yours before the government takes your money?
Question by Edith M. S: How long do you have to buy a house after you sell yours before the government takes your money? I am planning to sell a house in Florida. If in the transaction I lose money. Do I still have to pay part to the government when I do my taxes? [...]
Q&A: If I sell stock & use money to buy similar stock, is there Cap Gains tax or is there a like-asset type rule?
Question by JoeP: If I sell stock & use money to buy similar stock, is there Cap Gains tax or is there a like-asset type rule? I know if you sell a property and buy a similar one, there are tax benefits for ‘like-assets’. Does this same hold true on stocks? Best answer: Answer by [...]
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