., and I are pointing to is the income tax treatment treatment of contributing potentially appreciated property (in relation to adjusted tax basis) to an S Corp. 

@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.

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...

(You could say you are not a drug dealer when you sell drugs, but you are still a drug dealer.)The bulletin (last link) references two sets of laws and notes that the laws are intended to be changed in the future for clarity.

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.