Flipping Real Estate?
Monday, October 03, 2005
Consider the tax consequences - Here's a good article @ Bankrate
"There is a huge misconception on the part of some people who think they can buy a residential home, not necessarily their personal residence, fix it up and then sell it; and then get what we used to call 'the old rollover provisions,' where you used the money you made to buy another piece of property for more than what you sold,"
posted by author @ 6:45 PM,
