Quote:
Originally Posted by Sylvanfan
T When they do their profit taking, thats when they buy a nicer vehichle, go on a trip, or upgrade their primary home (after they pay the taxes too).
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There are lots of ways around taxes....you just need to be creative, and be comfortable with the advice someone is giving you.
A friend of mine thought he was getting away with his flips, and just found out (while he's on a jungle trek in South America) that he's wanted by revenue Canada. We all think it's hilarious, but not paying taxes for over 5 years might get him into a little hot water with the guv'ment.