. : )FIGHT to keep 1031 Exchange    Congress passes laws on taxation and the President either signs them or vetoes. 

Just make sure you work with an accountant who specializes in cross-border taxation so that you pay the least amount of tax possible.

Of course there is a dbl taxation agreement with the US - We wouldn't work there so should be non-issue. 

In MD for example you go to the State Department of Assessments and Taxation and you can fill out a one page form and get an LLC created while you wait. 

Alternatively, find a CPA that shares the same outlook as you.A RE focused CPA would probably serve you best, though, as they'll be attuned to the nuances of RE deals and RE taxation.

So as long as you did so before OH instituted any clawback provision you'll be setting yourself up potentially to eliminate state taxation in a move of your portfolio to FL.

So you would normally plan on paying the following:6.2% employee's portion of Social Security plus matching employer's portion = 12.4%1.45% employee's portion of Medicare plus matching employer's portion = 2.9% for a total of 15.3% Self Employment Tax.However, the Social Security limit for 2017 is $127,200, so if you already make that much at your W-2 job, you will not pay that portion of the SE tax and will pay only the 2.9% Medicare portion on your earnings.Plus income tax at whatever your new bracket is that includes the flipping income.If you are close to that limit, but not quite over, then you'll pay the 12.4% of whatever portion is necessary until your total earned income between your W-2 and your flipping income reaches 127,200.

Given the rising cost of real estate, punitive taxation and high maintenance and operating costs, what can a real estate investor do to cash flow?

Your passive income should be run through an LLC taxed as a partnership or if SMLLC on your Sched E of your personal return as no reasonable compensation is needed and all income will run passive with no FICA/Medicare tax at all.

That allows you all the protection of a corporation and all the tax benefits of Sub-S pass-through taxation.