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RE: Video of a Finished House Flip we are Listing for $429,900
Amazing stuff! Congrats.
I am curious, in the US do you pay 50% capital gains tax on flips if you own the property < 1 year?
Amazing stuff! Congrats.
I am curious, in the US do you pay 50% capital gains tax on flips if you own the property < 1 year?
No short term cap gains is the same as ordinary income tax. It changes based on your tax rate. It is also lower if you have a corporation
That's not bad at all. Keep it going!