TurboTax Self-Employed is the same as the TurboTax Home & Business- the Home and Business is just the desktop version (vs. online). You will enter as Self-employment income and expenses. You will have to enter under :Self-employment income and expenses".
The house itself is not treated as a capital asset for tax purposes. Homes purchased for flipping are treated as inventory of the taxpayer instead of capital gain property.
@kickinbonez
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