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Updated almost 6 years ago on . Most recent reply

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5
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Joshua Brown
  • Harker heights
1
Votes |
5
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How to avoid taxes on home flips

Joshua Brown
  • Harker heights
Posted

Hey there! So I am looking to try and build capital through doing a few small flips. How do most handle avoiding paying taxes profit, so that it can be used on the next property? I would be really interested if there was a good book on this that anyone could recommend and i'll gladly read up on tactics that way ::) Thanks again! 

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6,896
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,477
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6,896
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

You could lose money on each one you do . You shouldnt owe taxes then 

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