The S corporation developer entity strategy:

A

B

C

D

Potentially allows treating the entire gain from owning and

developing land as low$-$taxed long$-$term capital gain.

Results in federal$-$income$-$tax$-$free treatment for the entire

gain from owning and developing land, as long as the

landowner is a dealer in real property.

Completely avoids the $3\mathrm{.}8\%$ net investment income tax

$($NIIT$).$

Potentially allows treating the pre$-$development land

appreciation as lower$-$taxed long$-$term capital gain.