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Tax, SDIRAs & Cost Segregation

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McKellar Newsom
  • Real Estate Investor
  • Chattanooga, TN
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191
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Rumor regarding new flip legislation

McKellar Newsom
  • Real Estate Investor
  • Chattanooga, TN
Posted Oct 24 2012, 10:27

Today an investor friend told me he had read about new possible legislation stating that a house sold in less than 180 days might be subject to repairs for up to 5 years after the sale.

Has anyone heard about this? I'm hoping he just misread something. Thanks. mck

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