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Updated over 5 years ago,

Christopher Smith's profile image
Christopher Smith's profile image
Christopher Smith
  • Rental Property Investor
  • from Goldsboro, NC
  • Member since Oct 14, 2019
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User Stats

44
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33
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Christopher Smith's profile image
Christopher Smith's profile image
Christopher Smith
  • Rental Property Investor
  • from Goldsboro, NC
  • Member since Oct 14, 2019
Connect
Christopher Smith
  • Rental Property Investor
  • Goldsboro, NC
33
Votes |
44
Posts
Tax, SDIRAs & Cost Segregation

Legal Real Estate Run-ins ?????

Christopher Smith
  • Rental Property Investor
  • Goldsboro, NC
Posted

When wholesaling real estate. If i was to do a deal a day with a profit of 19K a week thats 40K. Now because this isnt a job or any business do you file this on your taxes? Will you be audited? What legal issues sill i run into???

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