Flipping cars!!!

[eli77]

I have some experience in sales.But never in flipping cars.Bilingual and have plenty of out side sales experience.

 

[mbc0029]

Are you wanting to flip cars as a career? Hobby?

I've never flipped cars, but there are certain tax advantages you can get.

 

[BillyPilgrim]

I have some experience in sales.But never in flipping cars.Bilingual and have plenty of out side sales experience.

Should be easy if you're bilingual. Look for the *ads in spanish* on the facebook marketplace. Sell to english speakers. Rinse. Repeat.

 

[eli77]

Are you wanting to flip cars as a career? Hobby?

I've never flipped cars, but there are certain tax advantages you can get.

Career

 

[mbc0029]

Career

You can deduct the expenses on your taxes, and set up an LLC. If you have an accountant or CPA, I would definitely ask them about how to do that.

 

[CAPSLOCK BANDIT]

I used to work for a guy that would buy a vehicle, rewind the miles and immediately resell it, real grimey stuff, I'd never get into this business after that experience

 

[Stoic]

I did this twice. Bought cars at auctions and then sold them.

one I bought a crown vic from a police auction. Once they got over 90k miles in Tucson,az, they would auction them off.