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larryT62
New Member

If i have 12 rental properties that i rent , i also buy houses to flipp can i carries the houses I plan to flipp on my schedule C vs. Schedule E

 
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Leonard
Intuit Alumni

If i have 12 rental properties that i rent , i also buy houses to flipp can i carries the houses I plan to flipp on my schedule C vs. Schedule E

Yes you can carry the houses you plan to flip on Schedule C.  You only use Schedule E o report income and expenses on your active rental units

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