All Forum Posts by: Matt Rhoney

Thanks, Natalie. 

Just for clarification- Would there be tax on the entire amt from flipping as well as the W-2? OR is the self-employment tax only applicable to be taxed on the flip profits? 

I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.