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Updated 9 months ago,

Sean Sheridan's profile image
Sean Sheridan's profile image
Sean Sheridan
  • from Doylestown, Pennsylvania
  • Member since Feb 15, 2017
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User Stats

4
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2
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Sean Sheridan's profile image
Sean Sheridan's profile image
Sean Sheridan
  • from Doylestown, Pennsylvania
  • Member since Feb 15, 2017
Connect
Sean Sheridan
  • Doylestown, PA
2
Votes |
4
Posts
Tax, SDIRAs & Cost Segregation

Capital Gains Tax

Sean Sheridan
  • Doylestown, PA
Posted

Hello I just got my first flip under contract and did very well on it. I’m trying to find if there is a way to lessen the amount of capital gains I pay. I never made the property my primary and only had the house for 8 months. A 1031 exchange is great idea but is not something I want to do with this property. Any advice would be greatly appreciated. Thanks 

Philadelphia, Pennsylvania
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