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Updated over 4 years ago,

Angela Russell's profile image
Angela Russell's profile image
Angela Russell
  • Member since Jul 15, 2020
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Angela Russell's profile image
Angela Russell's profile image
Angela Russell
  • Member since Jul 15, 2020
Connect
Angela Russell
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Rehabbing & House Flipping

Just starting in REI flipping

Angela Russell
Posted

I’m looking at flipping my first deal. What do you do with the profit to lower the tax penalty? It will be taxed as regular income tax. Do you just account for that coming out if your profit margin?

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