If you are a real estate investor, and not a dealer, that is the way it should be reported - as a short-term investment sale. It all comes down to the intent behind the property purchase. Even if you originally purchased the property to hold, but ended up selling it sooner, it does not mean that you are a dealer.
To enter the sale of investment property, enter it in the Investment section - not the Home Sale section (that is for personal residences). Where do I enter investment sales?
Short-term capital gains are taxed as ordinary income.
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