GC or Developer or nothing at all

[Micah Shelton]

My company has flipped several houses. Some of them were bought in my personal name, some in my company name (s-Corp) in the past I have been classified as a Residential Developer and then hired a GC to facilitate the construction components of project. Question: Do I need to to be a developer requiring fees to the state and special insurances or can I simply own the company, own home, pay a contractor(s) to do the work and then sell? I’m in Oregon if that matters. Just trying to streamline my process.

[Neal Collins]

Micah Shelton You’ll need a Developer’s license to flip properties that you do not intend to live in.