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Tax, SDIRAs & Cost Segregation

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Mohamed Nagoor
  • Brooklyn, NY
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36
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Capital Gains question

Mohamed Nagoor
  • Brooklyn, NY
Posted Mar 6 2018, 08:45

I'm trying to better understand how CG works.

example:

I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to myself. 5K interest.

How much is my CG exposure?

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