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HomeForumsStarting Out1st Flip what method do you guys recommend on the withholding tax
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Chris Thompson
  • Member since Nov 8, 2017
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Chris Thompson's profile image
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Chris Thompson
  • Member since Nov 8, 2017
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Chris Thompson
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Starting Out

1st Flip what method do you guys recommend on the withholding tax

Chris Thompson
Posted Jun 18 2019, 16:43

Sales Price $350,000

Profit after everything is $40,000

California Form 593 is gives me the option to withhold 3 1/3% of Total Sales Price

Or

12.3% of Gain on Sale

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