Rental income and capital gains under new tax law

[Isabel Peraza]

I am currently making about $350,000 of rental income profit per year. I am a full time, licensed realtor. Will be selling two properties that may generate about $700,000 of profit. Being that I am a full time, licensed realtor, will the profits be taxed at the new 21% as pass through income? 

[Joel F.]

@isabel peraza the capital gains tax is what is going to hurt you because they will tax you on every 100k you make for about 25%.