Got a veteran who was just awarded IU P&T. She wants to get into the house flipping/house whole selling business, which of course doesn't require any physical activity.
Questions:
1. Is the income generated from flipping houses considered "earned" income? Yes, I know, this is more of an IRS question, but if you know the answer, please post it.
2. Does the VA only consider EARNED income when applying the IU P&T rules for employment?
Question
allansc2005
Got a veteran who was just awarded IU P&T. She wants to get into the house flipping/house whole selling business, which of course doesn't require any physical activity.
Questions:
1. Is the income generated from flipping houses considered "earned" income? Yes, I know, this is more of an IRS question, but if you know the answer, please post it.
2. Does the VA only consider EARNED income when applying the IU P&T rules for employment?
Thanks
2-2-0 HUAH!!
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stinger
There are a lot of occupations that require the same skills and effort as house flipping,some even less. I think that would be pushing the envelope.
brokensoldier244th
EBenefits might have the form you need in there, too, then you can send it electronically with a time stamp
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