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Updated almost 9 years ago on .

User Stats

52
Posts
4
Votes
Rocky Verteramo
  • South Bend, IN
4
Votes |
52
Posts

tax exemptions

Rocky Verteramo
  • South Bend, IN
Posted

Hi Guys,

I was wondering, on a rental property, are there any tax exmptions? 

For fix and flips, where I will be an investor only, then sell the house to a buyer, then pay my partner his portion of the profit. Do I need to worry about capital gains? If so, when?

Thanks!