My problem is that I am having a problem establishing my farm area since the prices in this area and the taxes make it hard to find something that I can invest in.

We have had other candidates who say they are self employed but our process requires tax returns - although we have had a couple who could produce the appropriate pages, most of them go on to admit they don't report it and thus are unable to verify the income.

I was reading Amanda Han's Book on Tax Strategies, and was surprised to read (on p. 104)  that "Fix-and-flip properties are not generally eligible for long-term capital gains tax rates, regardless of how long you own the property before selling it."

Can a business obtain credit cards without a social security number backing up a tax id number?  

Is the arena of Tax Overages viable ?

This is a more detailed breakdown on that property,Purchased the property for 195k, put 40k down, did some renovations and had it reappraised for 210kHELOC payment- $1150 per monthUtilities: $250 per month Taxes- $200 per monthI have had it on Airbnb for 3 months now and am averaging $3100 per month (June, July, Aug).

You should be able to go to the website for the county assessor's office, type in the property address and get tax information as well as the name of the owner.

Appraisals on commercial property cost between $2,500 and $3,000 so I do not want to spend that kind of money if the appraiser is going to check my tax return and see a huge list of expenses and vacancies because of the construction.Any help would be greatly appreciated.Ramsey

We have used various methods to save up for down-payment funds: we set aside pay raises instead of consuming them, re-enlistment bonus sums, tax-free income from deployments, an inheritance check, the tax-free savings account while deployed...And so forth.  

Quick question:Quick question - How much total capital gains tax (both fed and state) would be for a property that I bought in 1997 for $500,000 and sold today for 1,000,000?