Taxation of Owner Financing a recently rehabbed home

[Sandy Uhlmann]

I found a property that is a good price but needs a fair amount of rehab to make it appealing to renters and/or homeowners.  If I do an extensive rehab the property should hold it for at least a  year before selling it or should I sell it immediately and be subject to all the "dealer status" taxation. Are there other ways of handling it so I am not considered a dealer?  If I sell it via owner financing am I still subject to the same tax treatment?  What about if I rent to own or lease option it to my tenants?  I am just trying to figure out all my options.  Thanks for the input.

Sandy