Selling

Selling or the disposition of assets is a big deal in real estate investing. Let’s talk about the taxation of selling.

Income tax is due upon the sale of any asset.

• Capital gains is important to understand when you sell properties.

See our articles on Capital Gains Tax Real Estate Investments HERE

When I was younger my CPA said

“Brian it’s a lot better for you to hold the property for at least 12 months,

12 months and one day,”

so I instituted selling not for cash right away but selling on terms with a lease with an option.

I would have a 12-month lease with option and they could not close before 12 months have passed. That created a good situation for me tax-wise and have lower capital gains tax.

Marketing/Finding  for lease option buyers or land Contract Buyers is covered in our Marketing Training.

Selling to lease option buyers for land contract buyers is covered in our sales presentation training.

Agreements for selling on lease with option or land contract is covered in our Agreements section.