Avoiding Dealer Status When Flipping Houses

Avoiding Dealer Status When Flipping Houses

[ad_1] Any Investor who flips more than one or two properties a year will run into the issue of being branded with “dealer status” by the IRS for tax purposes. This is an extremely dangerous thing. Dealers, like Real Estate Agents, are considered to be self-employed and subject to self-employment taxes of 15.3%. Even worse, …

Avoiding Dealer Status When Flipping Houses Read More »