Correction to Investors vs Dealers and IRS


I promise you, I corrected this mistake before I posted my article. But, apparently the WordPress gremlins did not believe me when I clicked on the “save” button before hitting the “post” button.

The first line of the article should say, “Real estate investors get capital gains tax treatment when they sell. Dealers pay ordinary income rates. Whether the IRS considers you an investor or a dealer can be critically important.”

Sorry about that!

Denise