Flips and taxes - How are you set up?

2 Replies

There's really no either-or here, @Ashley Simonelli . Profits from a flip will be taxed as regular income. 

The only other approach I can think of is to do the flip inside of a self-directed IRA. That's a lot of paperwork, etc. to deal with and, of course, it would mean you won't have access to the proceeds until you retire.

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