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Tax, SDIRAs & Cost Segregation

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98
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Andrew Faukner
Pro Member
  • Rental Property Investor
  • Modesto, CA
35
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98
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Crowdfunding and taxes

Andrew Faukner
Pro Member
  • Rental Property Investor
  • Modesto, CA
Posted Aug 11 2018, 09:48

Let me know if have this right. If I use a crowdfunding company like Reality Shares, or Groundfloor, and I receive interest in 6 months, it is considered ordinary income for taxes. Or, if I receive the interest after one year, it is considered long term capital gains. Is this correct?

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