Renting & Real Estate - August 2006

Does anyone know what the current capital gains tax rate is when trying to flip a house? Is the tax rate dependent on the profit made on the sale? Say I "flip" a house this fall....do I have to declare the profit on my taxes come the end of the year?

Any and all advice is much appreciated.

2006-08-15 17:11:26 · 4 answers · asked by tb_austin 1

My hubby is trying to open his own garage to work on/customize cars and we can't really find anything.

We've thought about building a small garage to start off with but would rather lease one. I've searched a few sites but nothing turned up for our area.(Greenville County ,SC).

2006-08-15 16:27:48 · 3 answers · asked by *♥Mrs. Morrow♥* 2

2006-08-15 16:12:07 · 8 answers · asked by IDNTGIVASHT 6

2006-08-15 16:06:18 · 15 answers · asked by Anonymous

2006-08-15 15:55:18 · 6 answers · asked by Meeko 1

My family owns a trailer and they have 1 sewage system to use, but my uncle owns another trailer hooked up to the same sewage system. Can you have that or is it illegal? I'm wondering because my aunt is wanting to turn us in to the health department when they already know and i want to know how that is possible. So if anyone knows if that is allowed or is she can turn us in i like to have some answers. thank you.

2006-08-15 15:39:14 · 4 answers · asked by Duckie 1

My morgage company keeps getting the information in my escrow wrong. I have tried calling but just ended up with someone who wouldnt listen to what I was trying to explain, she only knew what the computer in front of her was saying. My taxes were broken down to two different times during the year, one large sum in March which I had to persue them to pay eventhough my morgage states the bill was sent straight to them, and the second time is in October which is less than $100.00. They are trying to raise my escrow which is raising my morgage by $200.00 a month because they state that the taxes paid in March were unexpected expenses and still show me owning the large sum in October. Plus they over estimated my insurance payment by over 150.00. I have papers from both the local tax department and my home owner insurance which I have faxed to the escrow department, but I keep getting the same wrong bill. What can I do????

2006-08-15 15:31:26 · 7 answers · asked by southernyankee 2

2006-08-15 14:43:58 · 7 answers · asked by snickers_ha 2

Any information will help.

2006-08-15 14:38:13 · 1 answers · asked by Anonymous

2006-08-15 14:06:03 · 5 answers · asked by needtoknow 1

2006-08-15 14:03:52 · 5 answers · asked by oraclesaved 1

Can I file a complaint against the landlord on telling other tenants about i don't pay my rent on time and talking about other tenants personal problems. where do i file complaint?

2006-08-15 13:57:59 · 11 answers · asked by Patrice P 2

i have a house i want to sell on the northside, great rental property, income is 870 per month , long term tenants , asking 70K
ne1 interested..........want to sell asap

2006-08-15 13:57:42 · 2 answers · asked by shakie 2

Would anyone happen to know this?

2006-08-15 13:55:05 · 3 answers · asked by MP5 3

2006-08-15 13:19:35 · 3 answers · asked by linluv2001 2

New York, Joint Owners on Deed, House currently on the market, not able to live in the house due to hostile environment created by joint owner

2006-08-15 13:15:58 · 11 answers · asked by Michele K 1

My wife and I have fair to poor credit (mostly medical and my child support, which is being paid). We don't have alot of income but we have been at our same house for over 3yrs, and have a good refference from our lardlord.

2006-08-15 13:07:36 · 24 answers · asked by mechcom69 1

2006-08-15 12:55:10 · 3 answers · asked by jan r 1

My husband and I are considering moving to the San Diego Country Estates area of Ramona. If anyone here lives in Ramona, I'd appreciate any feedback on how you feel about living there. How is the commute on the 67? Have you had any problems with the HOA? Anything else you think would be useful for me to know about living in Ramona? Thanks!

2006-08-15 12:51:17 · 3 answers · asked by LB 4

we are having lots of problems with our newly purchased house and we can't pay for the repairs the mortgage and other other bills and my husband is on workman's comp also so that makes life even more hard

2006-08-15 12:11:22 · 13 answers · asked by hot_rebelangel 1

Have waterfront acreage for sale, and have a website to promote it, need to know how to get my website out there, so that when someone does a search for e.g. waterfront - my website will come up.

2006-08-15 11:51:03 · 4 answers · asked by Sheila M 1

lookin 4 house in Nebraska

2006-08-15 11:46:10 · 4 answers · asked by emilybailey1980 3

I can either get evicted or skip, I have never even heard of skipping a lease.

2006-08-15 11:32:45 · 8 answers · asked by Mellissa J 1

I heard on this mornings' talk show it was called....zillo.com? Or something like that......

2006-08-15 11:11:24 · 4 answers · asked by Cuisine 1

2006-08-15 10:51:22 · 4 answers · asked by tera 1

Internet web site / listings

2006-08-15 10:40:30 · 3 answers · asked by simply_made 4

have a house which we have completly renovated!had i valued and made48% equity!!

the dilema is that things went a little wrong a while ago and now our credit rating is poor although we have a large sum to put down our bank will not give us another mortgage! so we went to a lender specialising in our situation. the apr is high and will still be in debt with a larger mortgage!!
would you remortgage your house
sell up make profit and rent
or sit on it and pay debts of (approx 4yrs left on them owing approx 20,0000!!!!

ahhhhhhhhhhhh!!!!!

2006-08-15 10:15:50 · 9 answers · asked by lubilu82 1

2006-08-15 10:04:16 · 6 answers · asked by robert d 1

2006-08-15 09:30:35 · 9 answers · asked by michaelpevans73 1

Just entered in to a lease option, very basic contract without legal loopholes, and this house has some significnat problems. We knoew of the basic ones as we walked through and viewed the house for leasing. However, Now that we have spent a week here, some HUGE problems are creeping out. The air conditioning system does not work properly, the Piers & Beams are rotted and some termite eaten, some even showing sign of where part of the house has burned before.

As with most real estate selling transactions, disclosure should have been done. Do I have grounds to back out with such major issues as previous fire and major termite damage now being prevalent without disclosure having been done?

2006-08-15 09:21:04 · 4 answers · asked by Anonymous