Real Talk With Gary - Real Estate Investing

Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

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Sinopsis

Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267   Fabio Campanella from the Campanella Group, Gary’s personal accountant since Day 1 of his investment journey is back on the show to talk about taxation on pre-construction condos. Is taxation different if you move in vs rent out your condo? What rebates are currently available; what is the anti-flipping law and why you should be aware of it; what is an assignment sale and do all condos allow this; why some investors interested in condos purchased multiple units but not planning to move in and flip a few are now stuck with below-market condos after the prices dropped, and how can you get out of that; and MORE!   Contact: Web: https://campanellagroup.com/about/ Insta: https://www.instagram.com/fab.campanella/   This episode proudly sponsored by McMurter & Associates.    They are a real estate and estate law firm who can be your partner for every major legal event in your life. If you're planning an estate, selling or buying real