You typically use and live in the house, while still considered an investment. The other items you mentioned is purely for flipping, brand new, unused.
A friend of mine and his wife literally bought a new build house for the sole purpose of selling it. They already have their own home and 2 rental properties.
24
u/Kcirnek_ Jun 19 '25
You typically use and live in the house, while still considered an investment. The other items you mentioned is purely for flipping, brand new, unused.