When you flip, how are you avoiding short term gains taxes?

This is an old question and I think I've dug out the ugly answer, but let's see if anyone has more insight.I purchased and have lived in a duplex for over 2 years.  The property has a single tax treatment and single t...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $265,500

Cash invested: $62,387

Sale price: $430,000

The biggest challenge on this one was the smell from the a...

in pennsylvania does a seller receive any benefits in regards to capital gains tax. I was working on an agreement for  a trip lex when the sellers attorney scared the seller into backing out. The owner has the propert...

We bought a duplex and several months later an existing tenant is complaining about rodents.  I contacted a local pest control company and they want $100 to start and $45 per month for both units and a 1 year contract...

Hi guys,I'm not sure how many of you guys have gone thru a flea infestation but it's NASTY! One of my renter's lease was ending, 3 years never missed a payment, 3 young adults, one of the people leaving the house had ...

Hello All!

What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?

Many people h...

I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...

Hi all, 4 people (Myself, my girlfriend, girlfriend's sister and her boyfriend) just completed a flip that will go up for sale this week. Do you have any guidance on how taxes would work in this situation?My girlfrien...

Hello! I just got a call from a new tenant this morning. She moved in two months ago and the apartment was clean. She told me today that she’s dropped $100 trying to get rid of roaches, bedbugs, and springtails (which...