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If i have lived in my home for less than a year, and I put 50K down when i bought it – Will I have to pay gains on the 50K if I do not put it into another real estate venture?

tsmalls5 asked:


Real estate is big $$$, but how to find and set up great deals for profit?

ernest N asked:


I am looking into real estate foreclosures in oklahoma and they it seeems interesting.The bidding starrts at 2/3 of what the assessor thinks the house is worth but the market valuse of the house is usually higher than the assessed value so there is equity from just buying the house in foreclosure.But i have no money and very bad creit can you tell me the best way to get started.

T L asked:


Would like any help from the yahoo community in the fields of investing and mortgage hunting. I am trying to purchase my first home but also trying to make money from savings, cutting costs etc. Any reccommendations on good books on these subjects will be greatly appreciated. Thank You

oklahoma asked:


I buy rental houses in a small town I need better interest rates i have about a seven hundred score but for investments i get a shitty rate of 9% or so?

smiles6428 asked:


I am about to purchase a condo from someone in my family. They are selling it to me for 78% of the appraised value so that I do not have to pay mortgage insurance. So, even if I sold it the day after I bought it, I could potentially make about 50,000. I am certain that my boyfriend and I will be able to make the mortgage payments on the house, but it will be tight. I have some money in investments, I was planning on not using any of the money until retirement, but should I use some of the investment money to go towards the home purchase so I don’t have to pay so much in the loan? Or should I just take out a certain amount, say $1,000 to have in a quick cushion account, in case I need to use 1 or $200 to help pay for mortgage? Over the past 12 years I have been getting a 12% return on my investments, which is GREAT. I’m not sure I will get anything close to this by putting the money into this house, except for the fact that I am getting the place for 78% of the apprised value. Thoughts?

Russell R asked:


What are some good websites to learn about real estate investments? Also are there any websites other then realtor that I can use to search multi family houses for sale?

indigo7us asked:


Would the tax benefits of the mortgage outweigh the income from the dividends? – Providing that I have good credit and that capital gains tax is not an issue with the sale of the investments.
So basically is it better to have a fully paid off home or to keep that money in the stock market?