How Do Real Estate Flippers Pay Taxes?

Director of Investment Strategy and Research at Ascension Investment Advisors • Oct 24, 2022 at 6:46 AM EDT

In this 1 minute video segment, I answer a commonly asked question from beginner real-estate investors.

white and red wooden house miniature on brown table

Image Source: Unsplash

If someone bought a home to flip in 2021, and they have expenses for fixing the property, can that person claim the expenses for 2021?

Video Length; 00:00:56

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Disclaimer:

This video is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions.

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