Re: Devils in the details

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Posted by john on November 18, 2008 at 15:28:40:

In Reply to: Re: Devils in the details posted by Just to be annoying... on November 13, 2008 at 12:27:33:

Actually you could pay higher taxes. It just depends on your tax bracket. This is the biggest mistake flippers make when calculating their rate of return on a deal when they sell within a year.


http://www.bankrate.com/brm/itax/tax_adviser/20050513a1.asp

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