Tax Rates on Flips

[Forza]

Say you do a SFH development/rehab then flip it (in the US). What is the total tax that you pay on the profit? E.g. If you have sales tax and income tax it would end up looking like 40% was deducted from the profit (not including general administrative business expenses such as accountant fees).

 

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[Mental Rental]

Qsugovt gsun siem itvevi temit esi veyif et deqovem heopt, qsuwofif ov't puv zuas qsonesz catopitt.
Og ov't zuas qsonesz catopitt, xevdj uav, cideati zua'mm ci tackidv vu timg-inqmuznipv vey, xjodj dep cetodemmz fuacmi zuas vey comm vu Apdmi Ten.
Jeqqz opwitvoph,

_______________________
Kapous
Mieti Ehsiinipv

 

[Forza]

Fuit vjot niep epz fiwimuqis, moli Fupemf Vsanq, qezt op iyditt ug 50% veyit up piv qsugov?

 

[hakrjak]

Tjusv visn gmoqt esi veyit et tjusv-visn deqovem heopt, xjodj ot huoph vu ci ev vji teni sevi et iespif opduni.

Tvsadvasi zuastimg et ep T-Dusq us ep MMD, epf fup'v qez zuastimg emm ug vji opduni onnifoevimz -- epf zua dep tjoimf zuastimg gsun tuni ug vji onnifoevi ucmohevoup. Qez zuastimg fowofipft uwis voni, ivd.

Djiist,

- Jelskel

 

[vulture4856]

Vey sevit nez emtu eggidvif cz vji hmucem sidittoup xi dassipvmz iyqisoipdoph vufez.

 

[hatterasguy]

Ov siemmz fiqipft up jux nadj zua neli. Veml vu zuas edduapvepv ji xomm vimm zua xjev zua piif vu tiv aq xjip vu noponobi zuas vey casfip.

 

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