Flipping Houses vs. Rental Properties - The TAX Pros & Cons

What are the tax differences between renting properties and flipping properties? ERIC FREEMAN a Tax Senior Manager with BeachFleischman
& KenMcElroy.com Advisor breaks it down for you.

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⏰ Timestamps ⏰:

0:25 Capital Gains vs Ordinary Income
1:57 Taxed on income (or loss) and not cashflow
3:36 No self-employment tax
5:05 Refinance tax free

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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: “ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years.” Ken is a Rich Dad Advisor.

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#EricFreeman #realestate #HouseFlipping