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Rehabbing & House Flipping

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Maher Bateh
  • Investor
  • Jacksonville, FL
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73
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Capital gains TAX

Maher Bateh
  • Investor
  • Jacksonville, FL
Posted May 5 2013, 06:03

I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?

Note - This is my full time job as of Feb 2013. No other source of income.
Thanks

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