Wednesday, February 28, 2007

The Tax Consequences of Flipping Real Estate

Anybody who is thinking of "flipping" properties should read this sensible and informative article in Broker Agent News before they even consider starting out. Be sure and consult your attorney and tax professionals as well.
Tax Consequences of Flipping Real Estate - If you're not careful, you'll be making huge profits - for the IRS!

Jennifer Bunker, CRS, GRI
Utah Real Estate Broker

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