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Deductions & credits
A house flip is a sch C. You bought the house and held it as inventory while you renovated it. When you sell it you enter the cost, expenses to improve and sales price.
Reference:
- Where do I enter Schedule C?
- Where do I enter my self-employment business expenses, like home office, vehicle mileage, and suppli...
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March 28, 2025
7:38 PM