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Nick Bleser's profile image
Nick Bleser's profile image
Nick Bleser
  • Investor
  • from Northeast, WI
  • Member since May 23, 2017

User Stats

65
Posts
9
Votes
Nick Bleser's profile image
Nick Bleser's profile image
Nick Bleser
  • Investor
  • from Northeast, WI
  • Member since May 23, 2017
Nick Bleser
  • Investor
  • Northeast, WI
9
Votes |
65
Posts
Rehabbing & House Flipping

Taxes and flipping in Wisconsin?

Nick Bleser
  • Investor
  • Northeast, WI
Posted

I have a question for the Wisconsin investors. When doing a flip how are the taxes calculated? I believe I read that the profits are taxed as self employment? or is it capital gains? How much should I plan on paying at the end of the year?

Thanks in advance!

Nick

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