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Mobile Home Park Investing

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Terry Drake
  • Real Estate Investor
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260
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Capital gains TAX and mobile homes

Terry Drake
  • Real Estate Investor
Posted Feb 22 2010, 09:00

I see that this has been discussed with real estate, but not much discussion about buying and flipping mobile homes and what taxes will apply. I understand the year and a day holding period for real estate, but what about flipping MH's? Will my profits be taxed at short term capital gains? (I think it's 35% or more here in FL).

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