Absent that, the big differences will be which forms you report the income, your ability to deduct business expenses against the income, and applicability of self-employment taxes. 

Here the IRS has a reason to challenge your credibility and the credibility of your self-produced numbers.

Elon Musk has his eye on a meteor with confirmed gold reserves sufficient to make every human being on earth a billionaire.

I am new to the Denver market and am getting ready to get pre qualified for a conventional loan my self.

Do you self manage or have property manager ?

My plan was to "self-perform" a land contract by filling out a purchase and sales agreement for a land contract that specifies I will take over the mortgage payments, get authorized on their mortgage, and be authorized essentially to fix up the property and eventually sell it on the MLS since the land contract will give me that control/equitable interest.

We are partially owned as of 2022 by Sumitomom Forestry, which means we have no bank debt and self fund all our building projects.

This is ideal for investors with multiple properties or self-employed individuals, as it allows them to qualify based on the cash flow of the asset rather than personal tax returns or W-2s.2.

One accountant said it’s not subject to self employment tax since it’s considered passive (but origination fees and other loan income fees are subject to it.

I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years.