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Results (6,225+)
Neel Shah Tax strategy on fix and flip for full-time employed
28 August 2018 | 1 reply
What are some of the tax strategies I can utilize to minimize tax on fix and flip ordinary income?
Corbett Brasington Fix and Flip in LLC to build capital without tax?
23 November 2021 | 3 replies
I want to build capital to get into multifamily, my goal is income to have the option to quit my job.Is there a tax structure that would allow me to fix, flip, and keep the profits in the business of which I just roll into the next property so I can avoid ordinary income tax? 
Joe Farruggio Flip & Taxes - Capital Gains?
30 June 2022 | 9 replies
@Joe Farruggio Flipping income is not short term cap gain....it is taxed as ordinary income, including the 15.3% med/ss.The section 179 depreciation for vehicles/equipment has it’s own requirements, including the % of time the vehicle is used for business.
Anshika Rani What happens to the loan when you sell your 1031 exchange property?
16 August 2023 | 9 replies
So something just ran through my mind here...If the fix and flippers can't do the 1031 exchange that means they are taxed as ordinary income.
Kyle Dykes Structuring Owner Financing
11 August 2023 | 1 reply
Besides the risk involved in seller financing, that money will be taxed at your ordinary income.
Phil Contreras Can I Cost Segregate if I don't have the Real Estate Professional Status?
26 July 2023 | 10 replies
It really makes you think and strategize about the long term aspect of passive vs ordinary income.
Vincent DeLucia Tenet complaining about Ants
11 August 2023 | 13 replies
After that, they are responsible for ordinary pest control, which would include flies, ants, spiders, etc.
Shawn Ackerman Take Partial Payment or EVICT!!!
8 February 2017 | 54 replies
If he just does ordinary turn work and limits the upgrades he could most likely still obtain a renter that could actually pay the rent.
David Johnson South FL Home Insurance Recommendations
5 September 2021 | 11 replies
He's fantastic, and has gotten me great rates, and kept me in the loop if anything out of the ordinary is happening with my policies: Tyler Arrington of We Insure Group: 954-400-0820
Michael LaMorte Avoid Capital Gains on a Quick Flip Project
9 May 2023 | 6 replies
"Flips", the intent of buying and selling houses quickly normally results in ordinary income and not the capital gain preferential tax treatment.