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Re: agbjr post# 10326

Friday, 05/25/2012 8:44:58 AM

Friday, May 25, 2012 8:44:58 AM

Post# of 238887
No, you always pay taxes on gains, no matter what. Some people, especially in high tax brackets, get most of the profits from small flips eaten up in taxes, so to them, flipping for small gains isn't worth it tax wise, it is better to hold.


Of course all of my post are my own personal opinion which may change at any given notice.