Some people just cannot visualize or grasp the numbers and need to have it all laid out in front of them.As @Jerry W. mentions - fear is very powerful until you are able to move past it and realize there was nothing to fear afterall, assuming you’ve done your homework and you have a team of professionals to help you.  

@Andrew S.You should work with your CPA/EA on treatment of this sale.Generally a sale materially below FMV to a family member or friend would be considered part sale and part gift. 

What is the tax treatment for the different income streams from Lease Options? 

NAR and other trade groups reached out to the IRS to change this treatment, and the IRS has made that change.

It also screws with the visual dimensions of the property.One unit that I'm very familiar with, the agent added a large dining room table near the kitchen and in another pic added a large couch and end-table in the living room pic.

That way, you can be sure to receive the most favorable tax treatment and avoid any surprises at tax time.All the best!

@Ani KapYou're getting the retail homeowner treatment, that's for sure, but that's not an incredibly high amount for central PA.

Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...

When I file for 2018, if I do not file for treatment as an S Corp, I will owe self employment tax on the total profit from the sale. 

Buggin’ Out out of Westwood is good, they do all my pest inspections and treatments on my foreclosure properties.