real estate investment question

[Gamezrigo4]

Where do I report the sale of a real estate flip held for less than one year?

[Critter]

Depends ... what tax form are you filling out ?   1065, 1120S, 1040 ???

[DavidS127]

As mentioned by Community user Critter, more information will help provide a better response.

If this is a house you bought and never placed into service as a rental, and you are reporting the sale on your individual Form 1040, you can report it as the sale of an investment this way:

1. Search for "1099b" and use the "Jump to 1099b" to enter the sale of your investment property.
2. Click "Add more sales" and answer "No" to the question about if you will receive a 1099-B.
3. For the "What type of investment did you sell" dropdown, choose "Everything else".
4. For the "How did you receive this investment" dropdown, choose "Purchase". 
5. Continue through the screens to enter the information for the sale of your investment property.

[Hal_Al]

Most likely, you report the short term capital gain or loss on form 8949 and Schedule D.   Alternatively, you report it as business profit  on Schedule C. 

For more info, see a similar question at: 

https://ttlc.intuit.com/questions/3399983-tax-issues-regarding-flipping-of-a-house 

And references at:

https://www.hrblock.com/tax-center/income/real-estate/flipping-houses-taxes/

https://fitsmallbusiness.com/taxes-on-flipping-houses/  https://www.lendinghome.com/blog/how-to-maximize-house-flipping-tax-benefits/