
28 August 2018 | 1 reply
What are some of the tax strategies I can utilize to minimize tax on fix and flip ordinary income?

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?

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.

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.

11 August 2023 | 1 reply
Besides the risk involved in seller financing, that money will be taxed at your ordinary income.

26 July 2023 | 10 replies
It really makes you think and strategize about the long term aspect of passive vs ordinary income.

11 August 2023 | 13 replies
After that, they are responsible for ordinary pest control, which would include flies, ants, spiders, etc.

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.

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

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.