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Updated over 8 years ago on . Most recent reply

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3
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1
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Ben Brigham
  • Investor
  • Nipomo, CA
1
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3
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annual s-corp tax strategy

Ben Brigham
  • Investor
  • Nipomo, CA
Posted

Should a flipper (who is structured as an s-corp) consider buying additional properties before the years end in order to offset higher than normal profits on a tax return?

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,448
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

They're not going to be an expense- so...no. 

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Kolodij Tax & Consulting

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