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Updated over 6 years ago,

User Stats

196
Posts
70
Votes
Austin Works
  • Investor
  • West Monroe, LA
70
Votes |
196
Posts

Harden a Lease Option Property or Treat like a Flip?

Austin Works
  • Investor
  • West Monroe, LA
Posted

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?

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