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Updated almost 8 years ago,
Turbo Tax
I did one flip last year where I partnered with a rehabber. I was the money guy. We made a little bit of money and I'm trying to figure out how to file my taxes using turbo tax. The property was not in my name, if that makes a difference. It took about 5 months for the flip so I will have to file it as ordinary income. I'm wondering if I should say I sold a house. Technically I didn't sell a house, I was never on title. Any suggestions?