Flippers still profit in real estate slowdown

But selling too soon after renovation has tax, profit consequences
Published on Dec 22, 2006

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by CareyBot

Are you a real estate “flipper” or a “keeper”? Most home buyers are keepers, owning their houses and condos for five or more years. However, even as residential sales prices currently “stagnate” or “plateau” in most cities, according to the ...