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Updated almost 13 years ago,

Sorin T's profile image
Sorin T's profile image
Sorin T
  • Investor
  • from colorado springs, Colorado
  • Member since Feb 4, 2009
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283
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45
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Sorin T's profile image
Sorin T's profile image
Sorin T
  • Investor
  • from colorado springs, Colorado
  • Member since Feb 4, 2009
Connect
Sorin T
  • Investor
  • colorado springs, CO
45
Votes |
283
Posts
Tax, SDIRAs & Cost Segregation

Tax perspective: when to close on flip

Sorin T
  • Investor
  • colorado springs, CO
Posted

Hello folks.
I'm about to sign a sale contract for my 1st flip.

I will post details after it closes but for now a question: I have the option to close at the end of December this year or begin of January. From a tax perspective what would you recommend?
To note that I'm holding the property since August.

Thanks for your advices

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