< img style =" float: left; margin:0 5px 5px 0;" src =" http://taxdr.org/wp-content/uploads/2021/11/xwjBKo.jpg "/ > What are the tax obligation differences between renting homes as well as flipping properties? ERIC FREEMAN a Tax Senior Manager with BeachFleischman & KenMcElroy.com Advisor simplifies for you. You can ask Eric a question at this web link: https://kenmcelroy.com/advisors Intend to ask Ken an inquiry or have him look over a bargain? Enroll in a Premium Subscription: https://kenmcelroy.com/premium/ Ken's new Master Program is LIVE! Looking to buy your initial rental home or grow your investments? Visit this site to acquire Getting Your Initial Rental Property: https://kenmcelroy.com/rental-property-master-course/ Access to regular property updates, mini-courses, sample kinds, as well as much more by signing up for a FREE Subscription: https://www.kenmcelroy.com/free-member Ken has a real estate strategies podcast! 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Sometimes, it can be much more successful than other methods. Ken's followers promptly obtain $15 in credit scores with promo code KenDM! https://dealmachine.app.link/kendm - - - ⏰ Timestamps ⏰: 0:25 Funding Gains vs Ordinary Revenue 1:57 Taxed on income (or loss) and not cashflow 3:36 No self-employment tax obligation 5:05 Refinance tax totally free Make certain to click the bell to be informed as quickly as the following informational video is uploaded! Acquisition a copy of Ken's publication, "The ABCs of Acquiring Rental Residential Property,": http://bit.ly/RentalABCs Go to Ken's Book shop: https://rda-press.com/rich-dad-advisor-ken-mcelroy/ - REGARDING KEN: Ken is the writer of the bestselling books The ABC's of Real Estate Spending, The Advanced Overview to Realty Spending, The ABC's of Building Administration, and has an upcoming book: "ABCs of Getting Rental Home: Just How You Can Accomplish Financial Flexibility in 5 Years." Ken is a Rich Daddy Consultant. 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