What is the total tax percentage amount on Flips in NC?

[Mahmoud Y. Elhalawany]

Hey there, I was just wondering, what are the total tax rates including self employment and all other taxes in NC on house flips? 

Thanks

[Natalie Kolodij]

Originally posted by @Sam Shueh:

Short term capital tax gain.

 Incorrect. 

Flipping houses is ordinary income. It's taxed at ordinary income tax rates. 

So it will be federal and state based on your bracket, and then about 15.3% SE tax.