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Updated over 11 years ago on . Most recent reply

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51
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3
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David Ramos
  • Fort Worth, TX
3
Votes |
51
Posts

Tax Approach for Wholesaling

David Ramos
  • Fort Worth, TX
Posted

Good day BD Community!

I wanted to know what would be the best approach to minimize the tax implications on a wholesale deal. On previous forum posts I noticed that the 1031 Exchange does not apply for this type of transaction, but one can make the purchase through an LLC to minimize the investors tax signature. I just wanted to obtain further clarification on the matter to clear up any doubts and if there are any other methods for the same purpose; all input will be greatly appreciated. Best of regards to everybody!

David

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