House Flipping Taxes
There seems to be quite a bit of confusion about the kind of taxes that you pay when flipping houses, so I wrote a new lesson on House Flipping Taxes that answers common questions such as:
- What type of taxes do you pay (ordinary income vs capital gains)?
- How much tax do you pay?
- When do you pay taxes?
- Is there any way to save money on taxes?
I also breakdown a tax example on how to calculate your Income Taxes that you can expect to pay.
Obviously, you should consult with an Accountant or Tax Professional to discuss tax strategies and plan for tax season.
More Updates Coming Soon!
Checkout Our Software Road Map To See What We're Building Next
We welcome your feedback and hope to provide a collaborative experience so we can build the best house flipping & rehab project management software together.
If you have any feedback, ideas or suggestions, collaborate with our community to help us decide what we should build next.
Flipper Force Software Wish List