Selling At Retail
Hi Everyone,
I just completed my first rehab. I wanted to rent and hold. The house is free and clear. Cost of the home was 16K rehab cost was 9K.
I was thinking of selling at retail 50K to pay off my personal home (and it would be free and clear).
I know I would have to pay Captial Gains Tax. What other cost would I be looking at? Thank you for your help in advance.
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