Will Taxes Stop Flipping In The Future ?

[Kareem Lyons]

So I've been doing research on different forms of real estate investment. I came across this article and it explains why flipping will die off. For you seasoned investors how true is this article ?. I have plans to flip in the future and I just want to know out of curiosity.

https://www.biggerpockets.com/renewsblog/dont-flip...

Thanks 

[Linda Weygant]

So far, taxes have not discouraged entrepreneurship in general.

Flipping is a business.  It's not investing (once more for the people in the back - flipping is not investing, it's a business)

You can be as hands on or hands off as you like, but it's still a business.  As with any business, there are strategies that can be employed to legally minimize the taxes, and that holds true for a flipping business as well.

It's like saying "will people still open hot dog stands because of the taxes?".  Yes they will, so long as people will still buy hot dogs.