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All Forum Posts by: Henry Nguyen

Henry Nguyen has started 0 posts and replied 53 times.

Tax Liens & Mortgage Notes

Post: Non Performing Notes

Henry NguyenPosted
  • Wholesaler
  • Arlington, TX
  • Posts 59
  • Votes 29

I personally enjoyed Dave Van Horn's podcast on investing in notes. I think that would give some insight into notes aside from the forum posts. Best of luck!

www.Biggerpockets.Com/show28

2 Votes
Buying & Selling Real Estate

Post: My house has appreciated astronomicaly

Henry NguyenPosted
  • Wholesaler
  • Arlington, TX
  • Posts 59
  • Votes 29

From what I know (I'm not a CPA) you do not pay capital gains tax if you sold your personal residence for up to $500k profit which includes you and your wife (250k each) . I believe Darren Sager mentioned it during his podcast. That should make your decision easier.

Source:

http://taxes.about.com/od/taxplanning/qt/home_sale_tax.htm

1 Vote
Rehabbing & House Flipping

Post: Before and After.... My First Flip!!!

Henry NguyenPosted
  • Wholesaler
  • Arlington, TX
  • Posts 59
  • Votes 29

Congratulations on your first flip, it looks really great. Hopefully you'll get it sold soon. Best of luck in the new year! Are you working FT while flipping?

0 Votes