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What Are the Taxes Involved With Flipping Houses?

Interested in flipping houses? Learn what tax implications you may be exposed to.


[Updated: Jun 10, 2021 ] May 04, 2021 by Lea Uradu

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Tax Rate Taxable Income (Single) Taxable Income (MFJ) Taxable Income (MFS) Taxable Income (HOH)
10% $0 to $9,950 $0 to $19,900 $ 0 to $9,950 $0 to $14,200
12% $9,951 to $40,525 $19,901 to $81, 050 $9,951 to $40,525 $14,201 to $54, 200
22% $40, 526 to $86,375 $81, 051 to $172, 750 $40, 526 to $86,375 $54, 201 to $86, 350
24% $86,376 to $164,925 $172,751 to $329,850 $86,376 to $164,925 $86,351 to $164,900
32% $164,926 to $209,425 $329,851 to $418,850 $164,926 to $209,425 $164,901 to $209,400
35% $209,426 to $523,600 $418,851 to $628,300 $209,426 to $314, 150 $209,401 to $523,600
37% $523,601 or more $628,301 or more $314, 151 or more $523,601 or more
Federal Capital Gain Tax Rate Taxable Income (Single) Taxable Income (MFJ) Taxable Income (MFS) Taxable Income (HOH)
0% 0 to $40,000 $0 to $80,000 0 to $40,000 $0 to $54,100
15%` $40,001 to $445,850 $80,001 to $501,600 $40,001 to $250,800 $54,101 to $473,750
20% $445,851 or more $501,601 or more $250,801 or more $469,051 or more

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