That’s where many CPAs start recommending it once profits reach a certain level.A straight C-Corp is less common for flipping because profits can get hit with double taxation unless there’s a specific reason for that structure.That said, the “best” setup often depends on things like:• How many deals you’re doing per year• Whether you’re holding rentals too• Your overall income situationA lot of experienced investors end up with one main entity for flips and separate LLCs for holds, but the tax treatment is usually where the real planning happens.Good call discussing it with a CPA — structure decisions can make a pretty big difference once you start doing multiple deals.

I am wondering where investors are usually comfortable in doing flips for good profit margins.

At this stage, I’m working on defining the right strategy and would really appreciate insights from those with experience: What type of properties are best to start with for a first flipWhich areas or ZIP codes in Jacksonville and surrounding areas are most suitable for beginnersWhat a realistic purchase price ceiling would be to avoid losses on a first dealFrom a financial standpoint, whether it’s better to use hard money financing or partner with an investor and split profits in order to gain experience and build a track record  I’d love to hear any advice, ideas, or lessons learned from your own experience.Of course, if anyone here is interested in partnering as a capital investor, or has potential opportunities, I’d be happy to connect privately. 

Current rental market would get about $3500/month for our home in CT ($1500 profit).Rent the primary house in CT or sell it for $300k profit? 

One contractor delay or rehab overrun kills your profit margin.

Is it to take the profits or pay off construction loans?

My partners and I are affiliated with a non-profit whose primary mission is to serve those who have been homeless, struggled with addiction, and have been incarcerated.

I have a question for wholesalers regarding profit splits.

That eats profit faster than anything else.I mitigate by locking contractor schedules before I close.

I currently live in nyc and interested in albany or in the beacon area or any other areas that are profitable