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Updated over 6 years ago on . Most recent reply
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Harden a Lease Option Property or Treat like a Flip?
I am currently flipping and selling my properties outright, but I'm wanting to build some monthly income and avoid short term capital gains tax. I am interested in selling my flips via lease option. Should I treat these properties like I would a standard flip or should I use more durable, yet less attractive finishes for the property since there's no guarantee the tenant will buy? I want my property to appraise as high as possible, so I'm curious to know how others are handling this?