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Updated about 8 years ago on . Most recent reply

John Burke's profile image
John Burke's profile image
John Burke
  • Architect
  • from West Babylon, New York
  • Member since Apr 7, 2017
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John Burke's profile image
John Burke's profile image
John Burke
  • Architect
  • from West Babylon, New York
  • Member since Apr 7, 2017
Connect
John Burke
  • Architect
  • West Babylon, NY
0
Votes |
5
Posts
Buying & Selling Real Estate

Tax in NY after selling a flip

John Burke
  • Architect
  • West Babylon, NY
Posted
Hello I'm new to the flipping world and was wondering how much tax was charged when you sell a flip. I was told 40-50 percent??? Is this true? Any advice would be appreciated. John
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