Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

17
Posts
3
Votes
Andrew Leighton
  • El Paso, TX
3
Votes |
17
Posts

Does anyone know if a flip is tax deductible

Andrew Leighton
  • El Paso, TX
Posted Feb 7 2018, 10:25
I bought a house I’m currently flipping last year. Can I use the purchase price as a tax deduction? I would appreciate all info as this tax season I’m being hit with a $6k tax bill.

Loading replies...