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Updated 3 months ago,

User Stats

11
Posts
5
Votes
Joe Stubbe
Pro Member
  • Investor
  • Scottsdale, AZ
5
Votes |
11
Posts

Buying our flip and taxes

Joe Stubbe
Pro Member
  • Investor
  • Scottsdale, AZ
Posted

We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary. Are there any tax implications since it's currently in an LLC and will be transferred to our personal name at close? I realize this may require a tax pro but wanted to get an initial pulse from this community first. Thank you!

  • Joe Stubbe
  • Loading replies...