Contrary to popular belief, being labeled a "dealer" doesn't mean that all your properties are subject to ordinary income; likewise, not being labeled a dealer doesn't mean that all of your properties are subject to capital gains.Each property will need to stand on its own merits, and the determination of whether a particular property should be taxed as ordinary income or capital gains will be made based on the intent of the transaction, not a "dealer" label applied to a business or individual.That said, if you are labeled a "dealer," you may find that you have a higher bar set for declaring one of your properties to be an investment as opposed to inventory.

Rent-to-own is very popular in my area & I thought if I structured the contract correctly I could get more than market value for the property.

We'll be adding these features down the line.Joel Owens - Despite the popularity of Android, BP is accessed by members using iPhone FAR more than Android.

And, they are usually not aware of such short contract periods either.These contracts or concept to market a residence is very simple, that has alot to do with the popularity, the public understands, for the most part that you can rent to buy or do a lease option.

As far as comps since I don't have mls access I can only get a range from the popular sites, I did pull a list of recent sales from the tax site I'm still searching for buyers in that area I have found some but getting contact info has been challenging

I have read many of the more popular articles and blogs on here already and learned a lot.

I know that the town prefers to have owners in houses, but the area is popular with 20-somethings who currently have trouble qualifying for loans, or want to live with their friends short term without committment...

Popular opinion is that the rich are greedy and should be taxed to the hilt.

Is the neighborhood a popular, sought after area?

That can also help to gauge how popular the property will be to future buyers and renters.