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Updated over 4 years ago on . Most recent reply

User Stats

26
Posts
5
Votes
Daniel Walton
  • Investor
  • Huntington, WV
5
Votes |
26
Posts

Flip and Flip Calculator

Daniel Walton
  • Investor
  • Huntington, WV
Posted

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!

  • Daniel Walton
  • Loading replies...