The income from a wholesaling deal is ordinary income and taxable as such.

A LLC taxed as a s-corp for any deals or business that will generate ordinary income.

If you bought it under market and resold it a month later, that is buying for the purpose of reselling.Long-term indicates investment, Short-term is ordinary income, think of it just as you would capital gains and losses.If a dealer converts a property to a rental until they sell it, they are subject to SE tax on the income unless it is in an entity.This based off of intent, which is why you must have different entities and why you MUST plan, plan, plan.

It's still taxed as ordinary income when withdrawn, plus fees.

These never seem to consider the immense power of compounding and the time value of money.Where I STRONGLY agree, is that hard real estate assets are best kept out of a retirement plan in favor of paper investments such as notes and lending, which are normally taxed as ordinary income.

The advantage in private over a REIT is that you maintain the tax advantage of depreciation whereas a REIT income is taxed as ordinary income.

For example:Capital contribution split 75%/25%100K total profit for the yearEach partner intends to pay themselves 50% ordinary income subject to SE taxes and 50% as a distribution.Ideally each partner would have 25K salary 25K distribution.

You'll pay your normal tax rate on flips, as it's ordinary income.

The Fred Factor..Mark Sanborn...read it about twice a year..Basically about having passion in your everyday life...turning the ordinary into the EXTRAORDINARY..3.

.- How It Works - If you are active in your rental real estate activities you may be able to deduct up to $25,000 of your rental losses against other ordinary income.