Entrepreneur & Investor
With dramatic beaches, four-season recreational opportunities, and a growing population. Its robust, diversified economy is grounded in technology, entertainment, innovation and business services, supporting strong, consistent interest by renters, aspiring homeowners, and active home buyers.
Initiative, which allows me to visualize opportunities. Ability to plan and organize, useful for the achievement of objectives. High sense of responsibility, commitment and common sense. Organizational and interpersonal sensitivity. Ability to work in team. Proactive. Social skills. Mediator. Determined. Disciplined. Efficient. Flexible. Constant. Preference shares. Tactical and strategic. Ability to establish trust. Like to be informed.
a) Strategic Consulting and Operations
b) Establish and maintain business relationships with customers in California, Michigan, Alaska and other states
c) Coordination, training with Operators & Instructors
d) Organize and participate in industry trade shows in the cities of Buenos Aires, Bolivia, Chile and Lima
e) Organize the Administrative and Human Resources area (from recruitment)
f) Define business strategies
g) Application of Benchmarking for continuous improvement
h) To organize and keep track of physical and virtual files of different suppliers
a) Reading & Writen skills
b) Professional of Legal Science
c) Marketing & Publicity Skills
d) Microsoft Office Knowledge
e) Advertising Strategies Skills
f) Professional Business Etiquette
g) Positive Mental Attitude (PMA)
Fullerton College (California, USA
Cypress College (California, USA)
Newbridge College (California, USA)
Owning or buying real estates an exciting investment strategy, that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost up front, then paying off the balance, plus interest, over time. While a traditional mortgage generally requires a 20% to 25% down payment, in some cases, a 5% down payment is all it takes to purchase an entire property.
What holds people back? The costs and skills needed to get started. Only 38% of those surveyed thought they’d actually be able to flip a house start to finish, and more than 80% of millennials wished that real estate investing was easier.
Let’s be honest. Investing in real estate is a big commitment, and it’s important to really understand it before you dive in. I never want you to invest in something you don’t understand—especially real estate.
When you sell an investment property after owning it for at least a year, you’ll pay capital gains tax on the profit. Let’s say you buy a property for $100,000. Years later you sell the property for $160,000. That’s a gross profit of $60,000. Since this is an investment property, you’re allowed to deduct the $9,600 you paid in real estate commission fees (6% of the price the property sold for), which brings your capital gains to $50,400.
How is that $50,400 taxed? It depends on your tax bracket for your ordinary income. If you are in the 10% or 12% tax bracket in 2018, you’ll pay 0%. If you’re in the 22%, 24%, 32% or 35% tax bracket, you’ll pay 15% of your net profit in capital gains. If your income falls in the 35% or 37% tax bracket, you’ll pay 20% capital gains tax.
Let’s say you’re in the 22% tax bracket, so you pay 15% capital gains. In this example, 15% of $50,400 means you’d pay $7,560 in taxes.
What about a short-term investment like a house flip? When you have owned the property for less than a year, your profits are taxed according to short-term capital gains.
What’s the difference between long-term capital gains and short-term capital gains when it comes to taxes? Long-term capital gains uses your tax bracket as a reference to determine the percentage of taxes you owe on those gains. Short-term capital gains tax is even simpler. The profit you make from a short-term investment is counted as part of your annual income.(7)
Let’s say your annual income is $50,000, and you made a $20,000 profit on a house flip this year. Your taxable income is $70,000, which puts you in the 22% tax rate.
Any money you make from rental income must be declared as income on your tax return. However, when you own property, you can also claim deductible expenses, such as repairs and maintenance—but be mindful that improvements won’t count. Maybe you made $10,000 this year from rental income, but you also completed $1,500 worth of repairs on the property. You can deduct the $1,500, making your taxable rental income $8,500.
Paying the tax bill on investments can be confusing. Make sure you’re meeting regularly with your tax pro to go over your financial information. You don’t want to get slapped with a penalty.