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Updated almost 15 years ago, 02/25/2010

Terry Drake's profile image
Terry Drake's profile image
Terry Drake
  • Real Estate Investor
  • Member since Jun 26, 2009
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User Stats

260
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119
Votes
Terry Drake's profile image
Terry Drake's profile image
Terry Drake
  • Real Estate Investor
  • Member since Jun 26, 2009
Connect
Terry Drake
  • Real Estate Investor
119
Votes |
260
Posts
Mobile Home Park Investing

Capital gains TAX and mobile homes

Terry Drake
  • Real Estate Investor
Posted

I see that this has been discussed with real estate, but not much discussion about buying and flipping mobile homes and what taxes will apply. I understand the year and a day holding period for real estate, but what about flipping MH's? Will my profits be taxed at short term capital gains? (I think it's 35% or more here in FL).

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