It is ordinary income, plus both sides of social security/med. 

For example, in the specific area where my units are, there are two major med schools nearby.

Been having medical issues, allergies ugh, and Bronchial Asthma so I need to get my meds, just waiting on the Doctors office to fax the refills to the Pharmacy so I can breath again lol.

that they are not intoxicated (if they were, would they tell the truth or would they deny dealing while drunk or on meds?)

Profit from a flip is taxed as ordinary income, including SS/Med, period.

there are a lot of skilled trades who can perform certain tasks under the supervision...but never bothered to go extra mile to get insuranceI am just looking at the standard ACORD form "certificate of liability insurance". none of the limits talk about covering them from getting hurt :each occurrencedamage to rented premisesmed expenses --> this one refers to med expenses of a person who gets hurt as a result of their actionsetcMy main concern is to make sure I am not liable for them getting hurt.

Karen,What buyers like or expect is very, very area specific so answers to your questions will only be truly relevant from those within your area (Southern Cal) and of that, each neighborhood differs too.With that said, and as a whole, I can tell you that modern contemporary and Spanish med typically bring the highest prices.

So, anywhere on the north end would be preferred by me. :D

In our family, my daughter had a mother heaving large furniture on stairs and crushed something hitting her up months later for meds.

She doesn't want to mess with it because it "drags her down".FMV is $190-200K very near major university and university med center.Student housing market is definately a consideration for comps.My offer:She's willing to entertain a year option to purchase for $2K cash because she's worring about coming up with the tax payment.