All Forum Posts by: Alea Burke
Alea Burke has started 1 posts and replied 2 times.
Post: Help a Flipping Newbie

Alea BurkePosted
- Realtor
- Wilmington North Carolina
- Posts 3
- Votes 0
I do have an S-corp established. I knew before buying that I would likely be paying capital gains tax. I was curious in others experience what that typically amounted to and and what ways there were to minimize them. @Account Closed great suggestions, thnaks!
Post: Help a Flipping Newbie

Alea BurkePosted
- Realtor
- Wilmington North Carolina
- Posts 3
- Votes 0
I am purchasing my first flip home. My plan is to reinvest the money into my next project and I will be holding the properties for less than a year. What sort of taxes should I expect to pay and what are the best ways to minimize them other than holding onto it for a year?