Question: Christophrr is skilled at finding and purchasing properties at sub market prices. He typically owns these properties for only a few months, making a few
Christophrr is skilled at finding and purchasing properties at sub market prices. He typically owns these properties for only a few months, making a few ipgrades and then flipping them for a profit. Occasionally, he buys a oroperty with a tenant already in residence and receives rent payments before selling the house. How shoukd this rental income be reported on christophers tax return?Not gorbprofit reported on schedule 1 form 1040 line 8Business earned income reported on schefule cInvestment income reported on schefule dPadsive income reported on schefule e
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