The real estate market in the United States is hot right now. Record-low mortgage rates combined with a limited number of houses for sale have created a seller’s market: prices are soaring, and homes are selling almost as quickly as they can be listed. That’s inspiring some homeowners–and flippers–to think about buying and selling.
You can make money buying and selling real estate, but there are related tax consequences. For more, check out Flipping Out: What You Need to Know About Tax and Real Estate (on Bloomberg Tax, outside of the paywall).
Every week, you can find my column on Bloomberg Tax. Currently, there is no handy notification or alarm when my column goes live on Bloomberg – but that could be changing soon. For now, I’ll post the links here on Taxgirl. And for even more tax news, follow me on Twitter at @taxgirl.
