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All Forum Posts by: Akram Mollah

Akram Mollah has started 1 posts and replied 2 times.

Rehabbing & House Flipping

Post: how do house flippers actually make money when all they do is 103

Akram MollahPosted
  • Posts 2
  • Votes 0
Quote from @Ezra Henderson:

You cannot 1031 a flip. There’s not really any way to avoid paying taxes when flipping houses, unless you live in the property for two years before selling it. 
The key is just flipping enough houses with a big enough profit to make it worth it. 


 but that big profit you never really see since you are rolling it into another property? 

0 Votes
Rehabbing & House Flipping

Post: how do house flippers actually make money when all they do is 103

Akram MollahPosted
  • Posts 2
  • Votes 0

hi - i am a buy and hold investor but thinking about flipping. 

Flipping homes to me seems like a day job where I am always looking for the next deal and at the same time i never really get any money in my pocket because i am rolling over the gains? 

Am i missing something here? how do home flippers get money in there pocket without paying taxes? 

0 Votes