Flip income in never treated as capital gain, it is always taxed at ordinary income rates.

However it would also need to match the ordinary and necessary provisions.

Income from flipping is ordinary income and the place is not eligible for a 1031 exchange. 

Of that, $1090.98 would be subject to the tax on unrecaptured depreciation, currently capped at 25%  (it really your ordinary income rate.)  

I returned home from my first deployment in Afghanistan and drove through the gate to the guards armed up and suited up in their kit (out of the ordinary typically) so I asked him why. 

You may be able to deduct a rental loss against ordinary income if you qualify for the special allowance.

We will be sitting in the patio area in the back of the restaurant.

You will get very frustrated with your results if your end goal is to create SEO through blogging alone.However, there are a number of side benefits to blogging:1) Visitors to your site that you produce in your ordinary course of business will have a chance to view content that educates them about products and services related to your business and gives them a chance to get to know your company.2) You will develop knowledge and expertise in the area that you are writing about.  

The seller did not construct, or act as a contractor in the construction of, the residence in the ordinary course of the person’s business.

Tenant says it's white - it was ordinary wear and tear.