Best Strategy Tax-wise for cashing out on a flip
I am flipping a house in Milwaukee, WI and am trying to figure out the best strategy for cashing out. From what I can gather, I have 3 options. Sell the house right away, rent it for awhile then sell it, or do some type of lease option or rent to own. Tax-wise, the immediate sale seems like it would be taxed the most.(but I would get the money back quicker) Any benefits to do a rent to own over just renting? How long should I hold it before selling? For example purchases, I bought the house for $60k, rehab will be $25k and I plan on selling it around $120k.