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Updated about 3 years ago on . Most recent reply

Alan DeRossett's profile image
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Alan DeRossett
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  • from Thousand Oaks, CA
  • Member since Feb 8, 2017
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Alan DeRossett's profile image
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Alan DeRossett
  • Investor
  • from Thousand Oaks, CA
  • Member since Feb 8, 2017
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Alan DeRossett
  • Investor
  • Thousand Oaks, CA
122
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Real Estate News & Current Events

New CA bill would impose 25% gain tax on house flippers >3yrs

Alan DeRossett
  • Investor
  • Thousand Oaks, CA
Posted

This looks like a bad plan in California.  This new proposal to charge a 25% tax for flipping in California if you sell in less than 3 years.

New CA bill would impose 25% gain tax on house flippers who sell within 3 years-https://www.cbs8.com/article/n...
Los Angeles County, California
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Eric Bilderback
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  • from Sisters, OR
  • Member since Sep 30, 2014
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Eric Bilderback
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  • from Sisters, OR
  • Member since Sep 30, 2014
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Eric Bilderback
  • Real Estate Agent
  • Sisters, OR
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Eric Bilderback
  • Real Estate Agent
  • Sisters, OR
Replied

Some real free thinkers down there.  Once you guys pass it and screw everything up Oregon will adopt it.  

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