If this is a rehab you would be treating the property as inventory and you would be able to deduct it only when the property finally sold.

If that is the case, you may need to do a more formal exchange, treating the transaction in an arm's length manner.

A seller who enters into an installment contract or financing arrangement that finances equity based on a sale price may not be a "lender" as the definition and requirements to be met go much deeper than assuming equity and cash are treated the same, as they are not.I'm still looking into this aspect, if any of you investigative guys out there has come across the specification of equity funded installment contracts being considered under the same umbrella as cash advances, please post it up.That mentioned, I'd suggest that every installment contract be treated and underwritten as a non-qualified loan, following the underwriting requirements.Another issue is underwriting your own transaction, we can read in black and white the 8 aspects to be followed.

Thanks for all the replies.I know I am responsible for this happening.However, I do try to treat people, renters or not, with courtesy and understanding, the way I want to be treated if roles are reversed.I know this is a business, and certainly getting a PM creates a layer that may help.

., pretend you're hiring someone else to do the contracting and figure out an appropriate equity split given that situation), and then separately, decide on how much he's worth to the team as the contractor, and pay him that much for his contract work.I would suggest that for the contract work that you treat him like a contractor from a contractual standpoint -- have contracts in place with a clearly defined scope of work and draw schedule.

I like the medical advances that have cured many diseases since then and can treat even more.

I have two questions:1) Can I treat LLC gains from sale of these stocks as long term capital gain income of LLC?

Other places treat it like you are trying to pull a fast one.In general, I have been able to profit nicely from both disclosed and discovered unpermitted work.

San Diego is just a tough area to get profiting rental properties, so treat this one as a rental for calculation purposes.Super cool!

People remember being treated kindly)