Quote:
Originally Posted by NoMo50
Several valid reasons:
1. South of SR44 is where all the new construction happens.
2. New home buyers must wait at least 12 months to sell in order to avoid turning any profits over to the developer.
3. You must own your home for two years to avoid paying capital gains taxes on any profit.
4. The crazy market has allowed many people to realize tremendous gains by selling.
5. Some of these homes were bought by "professional" flippers.
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Is info on professional flippers available on deed transfer? Or how do you know this?
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