I'm in the process of buying land, having a builder build a home for sale on that land, and then selling said home for a profit.If I buy the land in my name, get the construction loan in my name, but I want to sell it under the LLC's name, at what point am I would I report the income under the business's name?

I am looking to gradually start buildling my team again and would appreciate solid references  for the following specifically in the Cleveland, Ohio area :- Investor friendly real estate agent - small bank lenders/ private lenderes- inspectors- appraisers- contractors Thanks in advance, and happy hunting :)

It wouldn’t require any construction to revert back to a house.

Usually, the inspector will run comps to approve or adjust the FMR for the specific unit.   

Cash invested: $210,000 New construction on existing lot

Has a collapsed floor due to subpar construction from the developer, which is why they abandoned the property to begin with.

Our construction loan is nearing the point we need to convert the loan. 

It's a new construction so hopefully nothing major but you never know.

Super needed.Half of the homes sold were under contract in 13 days or less, up from 7 days a year ago.46.11% of homes sold for the asking price or above, with 23.4% selling for more than the asking price. 12.3% sold for at least $10,000 over asking and 4.04% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98.2% – down from 99% a year ago.Knoxville having the fastest-rising property prices in the country over the last five years, with median home listing prices rising 83%.New construction represented 13.6% of total home sales.With an increase in units over the past year we have seen the occupancy rate moderate at 95.9% down from the high of 98.9% in 2022.

Hopefully, the protective order will help resolve things more smoothly.Speaking of Indianapolis, I’ve been working with investors in the area on new construction duplexes that are designed to minimize tenant issues by attracting stable, long-term renters.