Archive for Archive for April, 2008
What’s the most important thing to know about flipping houses?
Digz asked: what are the most important things to know and what are the benefits of flipping houses? why should people do it? what do you need in order to flip a house?
Would a c-corp work for someone “flipping houses” for tax benefits?
mrflip asked: I am looking into the business of flipping houses, so after reading more into it I see that it is recommended to operate under a “c-corp”. After talking to a CPA they said it would make no sense as I would be double taxed, both on the corporate profit and my personal income [...]