The Dark Side of House Flipping: What TV Doesn't Show

TV shows make flipping look easy, but it is a complex business with a high failure rate.

Carrying Costs

Mortgage payments, taxes, and insurance eat into your profits every day the house isn't sold.

The Tax Man Always Wins

Profit from a flip (less than 1 year) is taxed as short-term capital gains, which can be as high as 37%.

Hidden Damage

You can't see electrical or structural issues behind walls. One 'surprise' can turn a $50k profit into a $10k loss.