Can you write of the mortgages that you paiod on a fix and flip when doing your tax returns?

Asked by Eric Sandusky, Broomfield, CO Fri Jan 30, 2009

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Brian Burke, Agent, Highlands Ranch, CO
Sat Jan 31, 2009
This is not a question for a Realtor. We are not allowed to give Tax advice even if our client told us it was a write off , you must consult a CPA to answer this question
1 vote
The Kinslow…, Agent, Centennial, CO
Fri Jan 30, 2009
One of my Fix and Flip cients, was just telling me today that his CPA says he can write them off. You're best to speak with a CPA.

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