Re: flip tax
From: Lynn Nadeau (welcomeolympus.net)
Date: Mon, 12 Feb 2007 08:51:30 -0800 (PST)
It could be difficult to achieve consensus on a mandatory contribution on resale, but I've thought about setting up an agreement that people could voluntarily sign. This could be especially useful in the case of estate sales, where non-interested relatives are selling a place. Also, perhaps a mandatory percentage might cause the government to consider us "brokers" getting a "commission", which could be taxable.
Lynn at RoseWind
Port Townsend WA

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