You need to speak with your CPA on this as the BP community is not licensed to give tax or legal advice.Intent plays a huge role in the taxation of ordinary income from a “flip” or capital gains from a buy and hold.

Each unit has washer dryer amenities along with a deck/patio area.

Then take your break on the private patio with a cup of coffee and some smooth jazz.

Flipping is taxed as ordinary income. 

Presuming this is 1099 income, I'd first focus on all the ordinary and necessary expenses tied to YouTube income. 

The original dining room doors open to a cozy patio, ideal for entertaining and relaxing.

His 500K of 'gain' would consist of 200K of depreciation or 33% of sale price (that needs to be recaptured) and 300K or 50% of sale price of capital gains.So IF I am understanding right, 33% of the down payment would be taxed as 'recapture-able depreciation' and 50% of the down payment would be taxed at capital gains rate.Likewise, each and every payment would have those SAME proportions taxed that way on the PRINCIPAL PORTION only, and then the interest portion would just be taxed as ordinary income?

I also have a glass guy coming on Monday to adjust the patio slider because they had complained that the door was becoming difficult to open.

If there are holes everywhere, along with piles of dirt and they added a patio which affected the drainage, it is hard to argue that they didn't contribute to the problem. 

Profit is taxed at your ordinary tax bracket.Not a CPA, consult a cpa as this isn’t tax advice