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Updated over 12 years ago on . Most recent reply

Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
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Greg P.'s profile image
Greg P.'s profile image
Greg P.
  • from Los Angeles, California
  • Member since Feb 11, 2009
Connect
Greg P.
  • Los Angeles, CA
50
Votes |
717
Posts
Rehabbing & House Flipping

Is there a way to offset taxes by buying Long Term Properties?

Greg P.
  • Los Angeles, CA
Posted

Hello, I've made some money through flipping properties for 2012 and wondering if there is a way to offset some of the taxes? Would it be a good idea to buy a commercial property or keep a house for rent before 2013 to offset some of the taxes? Any advice or strategies would be appreciated. Thank you.

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