Sentences with phrase «at ordinary income rate immediately»

Also, your profile says you want several more rentals and you like to fix / flip... isn't the buy / hold or fix / hold strategy more tax efficient than flips (wherein your profit is taxable at ordinary income rate immediately, as opposed to rental)?

Not exact matches

So it appears that if, in my example above, the taxpayer exercises his option to buy a $ 60 stock for $ 40, that $ 20 discount will be taxed at ordinary income rates if he immediately sells the stock.