[nullc]

I've been contemplating what an anti-flipping deed restriction might look like... something that forwards profits made from resale back to the prior seller, with a decay based on how long ago it was.

But with extremely low interests rates, it's far from clear that a flipper wouldn't mind holding a property 3 years. Perhaps there needs to be a slowdown term when they don't occupy it.

[dmaharding]

For how that might work (or not) in practice, you might want to check out Vermont, which has had many years an extra transfer tax on land held fewer than 6 years. https://tax.vermont.gov/sites/tax/files/documents/LGT-178%20...

The table of rates on page 6 says they'll charge up to 80% of your gain on land held less than 4 months. It doesn't seem to cover improvements, though, so it's anti-land flipping tax not an anti-house flipping tax AFAICT.

[jjeaff]

Flippers aren't getting nearly as low of a rate and they have to put more down than people buying for themselves.