Starting Out

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Kristin Lupo
  • Fullerton, Ca
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The beginning stages

Kristin Lupo
  • Fullerton, Ca
Posted Oct 8 2019, 12:46

Hey BP community,

I'm just starting out on this REI journey and I had a few questions. I'm meeting with my CPA today to go over some things. One of the questions I have is, In California, when we close on a deal whether it's a fix and flip or wholesale flip, what percentage is safe to hold our for taxes?

What are some other important questions I need to ask him before moving forward? 

Thanks so much. 

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