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Updated over 2 years ago, 03/28/2022

Alan DeRossett's profile image
Alan DeRossett's profile image
Alan DeRossett
  • Investor
  • from Thousand Oaks, CA
  • Member since Feb 8, 2017
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User Stats

300
Posts
121
Votes
Alan DeRossett's profile image
Alan DeRossett's profile image
Alan DeRossett
  • Investor
  • from Thousand Oaks, CA
  • Member since Feb 8, 2017
Connect
Alan DeRossett
  • Investor
  • Thousand Oaks, CA
121
Votes |
300
Posts
Real Estate News & Current Events

New CA bill would impose 25% gain tax on house flippers >3yrs

Alan DeRossett
  • Investor
  • Thousand Oaks, CA
Posted

This looks like a bad plan in California.  This new proposal to charge a 25% tax for flipping in California if you sell in less than 3 years.

New CA bill would impose 25% gain tax on house flippers who sell within 3 years-https://www.cbs8.com/article/n...
Los Angeles County, California
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