@Ryan Moyer @Daniel MurphyWhile depreciation does “lower your basis, and increase your gain”…Capital Gains Tax and Depreciation Recapture are still 2 different animals.Depreciation recapture is taxed at Ordinary Income tax rates, with a 25% maxCapital Gain, disregarding depreciation, is taxed at Capital Gain tax rates, up to 20% maxKeep the calculations separated.

Charge them for any cleaning/repairs outside of ordinary wear-and-tear.

It’s ordinary income tax plus ss/med taxes, not cap gains, either way. 

I have been interested in investing in Real Estate, I am now in a situation that may be the right time, but a bit out of the ordinary,I live in North Carolina, I have mortgage on my house, with the passing of my mother I am now 50% owner of a house in Royal Oak, MiMy disabled brother lives in the house and will stay until he passes, I manage the house including all bills, repairs, and taxes, he does not pay rent and is not expected to do so, so my question is should I consider this a real estate investment even though there is no purchase or rent, can this be a tax advantage? 

I include instructions for payments, reporting ordinary maintenance/problems/questions, and a second method for reaching me with emergencies.

To me that would be the number if it was added to my ordinary income, but if it was a lower rate(long term) then I should be more like 8-10k from what I’m reading.

. $800.00) (note this would be less than ordinary income paid otherwise, plus 50% of SE tax is a deduction.)• $4,200 contributed to solo traditional 401, then converted to Roth.

Not a cpa either  We are a private credit fund so we do not get depreciation, typically interest in our fund is taxed as ordinary income. 

With the introduction of the 2018 Farm Bill, hemp has been removed from Schedule I controlled substances making it an ordinary agricultural commodity.

It can even be held in your personal banking account, though this is not recommended simply because you don't want to spend it and it's easier to track if it is held separately.if the bank will only allow you to pull funds using a cashier's check, then you need to consider looking for a different bank that operates like an ordinary checking account.EDIT: you don't say what state this is in, so please check your state laws.