All Forum Posts by: Paul Papamarkos

@Charles Cryan there was one going on at the Panera in Morristown but I'm not sure if they are still doing them. Let me do some searching

Any meet ups in the Morris County area? 

@Frank Patalano how are you finding your off market deals? Wholesalers?

@Mike Dymski lol so true

@Joshua Thompson thank you I actually posted this thread twice mistakingly.

Several people replied to that thread

@Mike Dymski

Thank you

@Christopher Smith

This is what he text me earlier

“What I meant is if you're taxed differently if you sell a house when you owned it less than 5 years, also if you don't live at the house etc. . Like do you get charged income tax or capital gains tax.

And I had read something about getting taxed differently if you sell a house under 5 years, and you don't live in it

I'm not sure if the terminology is capital gains vs income tax, but the overall question is if you get taxed differently if you sell a house in less than 5 years and you don't live in it”

@Christopher Smith I’m sorry this was just said to me by someone who thinks he knows about real estate investing . I just couldn’t find it either

Hello BP

I was wondering if anyone has heard of a tax penalty incurred if you sell a real estate property in under 5 years?

Thank you

Paul

Hello BP

I was wondering if anyone has heard of a tax penalty incurred if you sell a real estate property in under 5 years?

Thank you

Paul