Updated over 5 years ago on . Most recent reply
Fix and Flip in Ohio and ways to avoid the withholding tax
Okay so I'm familiar with the withholding tax here in California. If your'e a individual doing a fix and flip you would have to withhold 12.3% of the net proceeds you make from the flip. Now you don't have to do that if you have a LLC.
Now I don't know nothing about Ohio. Can someone point me in the right direction. Because I'm purchasing a home in Ohio to do a fix and flip.