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Updated over 14 years ago on . Most recent reply

Levi Gale's profile image
Levi Gale's profile image
Levi Gale
  • Real Estate Investor
  • from Tempe, Arizona
  • Member since Jan 4, 2011

User Stats

102
Posts
27
Votes
Levi Gale's profile image
Levi Gale's profile image
Levi Gale
  • Real Estate Investor
  • from Tempe, Arizona
  • Member since Jan 4, 2011
Levi Gale
  • Real Estate Investor
  • Tempe, AZ
27
Votes |
102
Posts
Rehabbing & House Flipping

Flipping taxes

Levi Gale
  • Real Estate Investor
  • Tempe, AZ
Posted

Hello BP,

I have a question regarding flip strategies and taxes. I noticed some people set their minimum profit at 15k, some 20k, some 15%, and so on. What I’m a bit confused on is do you take taxes into consideration when you set your max purchase price? Is that 20k minimum before or after taxes?

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