It just a greedy thing to do, I would rather someone add units to a property and ask for a higher price, which I am more than willing to pay, then hack it up into condos. +2 for trying to add units

One of us evil greedy accountants should explain these concepts to you one day.- you're mixing together taxes and financing.

We'd rather do the right thing than get greedy trying to make the most amount of money possible.

We'd rather do the right thing than get greedy trying to make the most amount of money possible.

We'd rather do the right thing than get greedy trying to make the most amount of money possible.Challenges It's easy to forget to ask people WHEN they will be moved out by.

I've heard of $50 plus $5 a day or something but $50 a day will be viewed as greedy in the courts eyes I would imagine. 

so all this regular income talk and capital gains talk all hinges upon the fact if the IRS considers him a "trader," for the purposes of taxation right?

You didn't buy a house to subsidize shelter, and at the same time you're not being greedy.

fearful when others are greedy, and greedy when others are fearful..  

that is so greedy