However, I could pay a portion of the income as a dividend, which would not be taxed as SE.

Hi everyone! I have been posting for a week or two but just saw this forum and decided I should tell you all a bit about me! Very long story short, I worked in big pharma for a decade and was laid off, I met someone o...

Do you own comps per se.

I'm in Baton Rouge, LA (SE Louisiana)Thx

It needs to be 123 SE 4 STREET, APT 2 or some such, not the laundry room of 123 SE 4 STREET. 

Hence, you will pay taxes as ordinary income, including SE tax.2.

An example, one house was not even close to being in a flood plain, in an established neighborhood of very nice homes in SE center city.

Fannie Mae is slightly different than Freddie Mac, then there is FHA, and USDA is different again, so there are no set standards for all lenders per se.

Not sure exactly what if being asked, but if you're looking for a formula for determining profit on a flip, here is what I use:http://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/It's not an estimation tool, per se, but just the actual math that's involved doing a flip.It's written as how to determine maximum purchase price, but the formula can easily be manipulated to determine profit once the purchase price is established.

I love that old threads are still "active", per se, but a lot of info is outdated and weeding through the search results is cumbersome.