European patio with a hot tub and gorgeous view of the mountains keeps it booked!

European patio with a hot tub and gorgeous view of the mountains keeps it booked!

Then just this last summer, one of our tenants decided to put an above ground pool in their fenced in patio (against lease, for sure). 

-Considering the fact that my primary business is wholesaling, shouldn't my proceeds be taxed as ordinary income?

-Considering the fact that my primary business is wholesaling, shouldn't my proceeds be taxed as ordinary income?

No President no matter how liberal or conservative can change that.And real estate will continue to give ordinary hard working Americans the chance to build big time wealth.  

Beyond that, it’s extremely practical as it can double as a kitchen prep area as well as an eating table.Outdoor area & patio: There are a few major benefits to an ADU over an apartment and a dedicated outdoor space is one of them.

I still have almost 500,000 points saved up and hope to top 1 million next year.HOWEVER . . . we do this through ordinary business spending and we always pay our balance in full.

I like my tenants to be ordinary.

No, I believe depreciation recapture simply gets added to your ordinary income, and then taxed accordingly (Max 25% for the recapture).