Evan Manship
Buying On Contract Tax Question
3 October 2014 | 2 replies
That's taxable as ordinary income.
Harry Kamperides
question for my buisiness
7 October 2014 | 7 replies
Income from fix and flipping is ordinary income and is subject to self employment tax.
Ryan Dossey
I'm going to be a new landlord help me set my policies.
15 October 2014 | 17 replies
We don't charge for ordinary wear and tear.
Wendy Shoda
What to do with strange room
16 October 2014 | 15 replies
Most people can not visualize what an ordinary empty room will look like when tastefully furnished, let alone a strange space.
David Soest
Will I have to pay a big tax after a sale?
3 October 2015 | 10 replies
If it were just a flip house, you'd pay ordinary income tax.
N/A N/A
How will I be tax on RE JV?
6 December 2005 | 1 reply
Since the income from the sale of the home will be ordinary income then you could build inside a "Sub S" corporation which would be the cheapest entity to create.
Lauren Norwood
LLC w/ S-Corp Election vs. Plain S-Corp
11 July 2011 | 21 replies
The main difference to look for in these two entities is that the LLC has SE tax on ordinary income, so you do not want to have a management company being an LLC.
N/A N/A
WLD Speculator
Dual Closing - What about property taxes?
16 April 2007 | 4 replies
Either way you are taxed the same (as ordinary income) so it doesn't matter.
Frank White
International Real Estate Group
20 November 2007 | 14 replies
Lots of good stuff here Markus.Feel free to post questions if you need more info on any topic.Side note: I was at a meeting last night where the group had two Brits (both emigrants or emigrant's children), one lady from Belgrade, one guy from Bulgaria, one South African and myself from the US.