Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
November 2007

Word Count:



Real Estate Joint Venture

My friend and I buy and sell properties together. Can we do this as a joint venture and report the results on our separate Schedule Cs? (S.G., San Antonio, Texas)


No. Because you are buying and selling properties as a business venture (often called a dealer activity), you are in business and have a partnership for tax purposes.1 You may or may not want to operate as a partnership. You might, for example, consider the S corporation. ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development