Brokerage Reminder: Tax treatment of a real estate investment – income or profit?

Investors and dealers Most real estate investors are aware of the advantages of the “investor” designation on their tax return. “Investor” is indicative of a rentier who parks their wealth, lays back and lives off its income. However, when a property sells, many investors do not weigh the potentially negative consequences of the Internal Revenue … Continue reading Brokerage Reminder: Tax treatment of a real estate investment – income or profit?