Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Flip and Flip Calculator
So after using the Fix and Flip calculator for the first time I realized the calculator asked the purchase price, associated costs and desired profit; however at no point did it ask for my expected tax rate. Anyone familiar if federal income tax has already been factored into the deal or does this need taken off of the profit amount given?
Thanks guys!