Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated over 2 years ago,
Capital Gains/Loss from 2 different sales in the same year
Would anyone know of the tax implications from "Flipping" a new construction home for a profit, that just closed. Then selling a different rental property that you've owned for over two years, at a loss in the same year? Is it possible to negate the gain with the loss?