You still have the qualifying shareholder issues even if you are an LLC and choose corp taxation and elect S-status.

A desire is needed.Those, who buy unfinished houses, finish building and sell, have the greatest income now.There are fully legal schemes of taxation optimization at investing money into Russia.

Never own your investment property as a C-corporation because that will expose you to double taxation.

It sounds like you've had it over a year, and did rent it out, so you can probably pay tax at the long-term capital gains rate, 15%.

When you sell the option the money goes back into the IRA without tax at that point (maybe no tax ever).John Corey

Briefly, state, county and local governments raise money to provide benefits and services via taxation.

. $250K of the profit you can declare and not pay any income tax at the Federal level.3.

Much of what you unearth here on BP is universally applicable, but it does tend to be U.S.A. specific, so just keep in mind what you read, particularly with respect to taxation, regulation and finance, we be a little different here at home.

All my stock is in my IRA's and 401k so I have never had to pay a capitol gains tax at all.So basically all income form either the building process and the sale will be earned income taxable.

Advantages and disadvantage in taxations.