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Updated over 6 years ago on . Most recent reply

User Stats

23
Posts
5
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Neel Shah
  • Billerica, MA
5
Votes |
23
Posts

Tax strategy on fix and flip for full-time employed

Neel Shah
  • Billerica, MA
Posted

Hello,

I work full-time and invest in buy-and-hold real-estate for long term investing. 

One property has come up recently which will net me $30k profit, if I fix it up and flip within a few months. 

I'd like to pay minimum amount of tax as possible on the fix and flip profit :).   

What are some of the tax strategies I can utilize to minimize tax on fix and flip ordinary income? (anything from new tax law changes?)

Thanks

Neel

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