Advertiser Disclosure

advertising disclaimer
Skip to main content
tax calculations

Do You Have to Pay Capital Gains Tax When You Flip a House?

If you're planning to get into the fix-and-flip business, don't forget about the IRS.


Apr 02, 2021 by Matt Frankel, CFP

Get our 43-Page Guide to Real Estate Investing Today!

Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide.

Tax Classification Tax Amount
Long-term capital gain $6,000
Short-term capital gain $11,200
Ordinary income $17,320

Got $1,000? The 10 Top Investments We’d Make Right Now

Our team of analysts agrees. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month. Find out how you can get started with Real Estate Winners by clicking here.