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Flipping apartments

Flipping apartments is one of many residential property investment strategies. It refers to a strategy where you buy an apartment in a poor shape for a bargain price and promptly sell it with profit once it is renovated. The profits gained are taxed in two different ways.

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Flipping apartments is one of many residential property investment strategies. It refers to a strategy where you buy an apartment in a poor shape for a bargain price and promptly sell it with profit once it is renovated. The profits gained are taxed in two different ways.