Oklahoma City does not seem to far from you.LLC vs CorporationIt is generally advised not to hold properties that tend to appreciate(such as real estate) within a corporation.However, there are potential tax saving strategies of doing flipping or wholesaling within an S-corp to save on self-employment taxes.Below are some links of other BP members who requested for a CPA in Oklahoma CIty.

Oh, the allure of the "good deal." 

It is quicker not to do the check but you are getting a lot of non-health care people these days and they don't have backgrounds done by the employer so you are safer requiring them.

With hard money loans (fix & flip loans) you don't need to be employed or show taxes and you would get say 80% of the purchase price + 100% of the rehab money to fix the property up.

Another factor that could create the amount owed is if your employer is not withholding enough in taxes and it was not caught until tax season.

I think you're 100% correct, that being said since Dodd Frank debt is not a tool for the self employed pr very small businesses.

Short-term rentals are mostly the allure of a special place.

I am self employed , Uber driver.

Look at employers in the area - you want some diversity of employment so that if 1 company closes you don't lose a bunch of the population2.

You are aware of the local communities, employment marketplaces, and prospective growth regions.Equity Building: In a market like San Diego where real estate values have traditionally increased, house hacking may be a potent means of accumulating equity.Long-Term Considerations: House hacking locally could fit into your lifestyle if you intend to live in San Diego long-term and have family concerns.You might also explore a hybrid approach – investing locally in a house hack while allocating some capital to out-of-state investments for diversification.Remember to consult with real estate professionals, conduct due diligence, and possibly network with investors in both local and out-of-state markets.