Selling At Retail

Scott12 profile photo
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.

Comments(0)

    Please Sign In to Comment.