topic What type of business code is used for flipping houses? Should my husband file this as Schedule C, sole proprietor, if we both contribute but he does all the work? in Business & farm

What type of business code is used for flipping houses? Should my husband file this as Schedule C, sole proprietor, if we both contribute but he does all the work?

ddbbh — Wed, 05 Jun 2019 02:14:09 GMT

I am an employee of a company, but this is his only job.

Critter — Wed, 05 Jun 2019 02:14:11 GMT

You really need to sit down with a professional tax preparer to discuss your options since it will depend on many factors both federal & state.