Many markets aten doing anything out of the ordinary.

Built into televisions, laptops, Alexa, Google and Apple devices, not to mention a slew of "spy" cameras designed to look like ordinary household items (water bottles, phone chargers, clocks, smoke detectors, shower heads, and even teddy bears).

If you wonder how ordinary people do horrible things, well...I don't.  

The housing authority doesn't expect you to do anything out of the ordinary, you simply need to make sure it is a safe, healthy place to live. 

How much of it is allocated to capital gains vs ordinary income?

Ordinary people are capable of atrocities because ordinary people aren't actually good, they merely have a kind of socially acceptable veneer of conformity, and if society goes mad, they will, too.I endorse strict rules, but not pointless rules.

Rental income is not subject to self-employment taxes so you'll pay just ordinary income taxes on the net income. 

If you paid your llc, disregarding your son and his lower bracket, your expenses/write offs would be no different, but any “profit” going thru your llc would become taxable as ordinary income (with SS/med taxes) as opposed to the passive rental income it is now. 

From a tax standpoint, the latter would be more like a business since the IRS taxes your profits as ordinary income. 

-Considering the fact that my primary business is wholesaling, shouldn't my proceeds be taxed as ordinary income?