Updated about 12 years ago on . Most recent reply
Tax Approach for Wholesaling
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