The ones with plywood sides that need to be assembled.

Just a thought.I'll pm a link to the under construction site I'm assembling.

Here is my situation,I have assembled a group of properties within a block of FSU campus, and am in the process of bringing in an out of town developer to turn the project/contracts over to.

Check out the list Josh compiled on Assembling Your Team as you're considering who you want to get involved and who you will want and need to be involved to protect you and push you in the right direction.

I spent about 3 years assembling about 20 parcels of land on 25 acres.The old square had people living in old houses and a mish mash of businesses from the 50's and 60's still operating.I spent sometimes 6 months going back and forth before getting the owner to sign a contract.

I have started to assemble my team over the past few weeks.

I am using your list to assemble documents now.

Focused on assembling land for commercial development.

So in this example, you'll pay:$28,500 x 12.4% = $3534 Social Security Tax$50,000 x 2.9% = $1450 Medicare TaxDepreciation is not a consideration when flipping and the profits are most certainly taxable.The IRS sees no distinction between buying a house, fixing it up and selling it as compared to buying a bunch of widgets, assembling them into a final product and selling it.  

While still doing a small amount of business in Las Vegas, we have recently zoomed into Indianapolis as our remote market and here we are :) Two weeks into this, we've met close to 20 buyers and now we are working on assembling our A-team in Indy.