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Rehabbing & House Flipping
HomeForumsRehabbing & House FlippingWOW... a new 24% "Flip" tax?
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Brandon Turner#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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Rehabbing & House Flipping

WOW... a new 24% "Flip" tax?

Brandon Turner#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Posted Jun 18 2014, 16:07

Well... San Francisco is at it again! Apparently, according to this news article, there are a number of people backing a “Stop the Flip” proposal that will appear on the November ballot that could create a 25% tax for those who flip properties within a 5 year time frame. 

Thoughts? Do they have any leg to stand on here, or is this just someone being crazy? 

Check out the article and let us know what you think!

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