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Updated over 4 years ago on . Most recent reply

Diego De Leon's profile image
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Diego De Leon
  • Member since Oct 12, 2020
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Will the election effect the real estae game ??

Diego De Leon
Posted

Fellow wholesaler just wondering if the election will have an impact on fix and flips or the real estate game in general ?

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Steve Morris's profile image
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Steve Morris
  • Real Estate Broker
  • from Portland, OR
  • Member since Sep 26, 2019
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Steve Morris
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  • from Portland, OR
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Steve Morris
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  • Portland, OR
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Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied

If you're a wholesaler (ie you don't take title) then wouldn't everything just be taxed as income?  Not much diff beyond Biden wanting to raise the tax rates on almost everyone.

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