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Updated almost 2 years ago, 01/22/2023
Tax Question - Building and Selling New Construction
Hi All,
I am looking for an experienced tax CPA in Charlotte, NC area. I have questions around taxes for new construction that I will be selling soon. I have searched through BP but still not confident on what I need to do so looking for local advice from CPA.
I started to build new homes and planning to sell them and not hold them for long term. Looking for a proper way to reinvest funds into the next project. I have been told that there are way to reinvest into next project with out being taxed on the profit but looking for advice.
If you know anyone and can recommend please let me know.
Thank you in advance.