Thursday, September 29, 2005

Tax Consequences of "Flipping" real estate

Are you a "flipper"? Or, do you want to be one?

Someone who buys real estate to fix it up and sell it quickly is expecting this to be the road to profits. But, you must be informed! There are tax consequences of this strategy, which you need to know.

There's an article on Bankrate.com that sheds light on this real estate investment strategy here.

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