(emphasis added) The laws of both states must be checked to determine the classification and treatment of the LLC and its members.

It's a tax treatment you elect to utilize with the IRS.So you start off with an LLC and when the amount of active income is high enough you look into making an S corp election (note: Income from flips and wholesaling is ordinary/active income for both.

Namely,"If the wood infestation report reveals the presence or indication of or damages by termite infestation or other wood destroyingorganisms, Seller shall remedy such deficiencies and shall furnish the Buyer with a CL100 wood infestation report"and "If the Seller does not make the repairs and treatment, the Buyer shall have the option to(1) accept the Property in its present condition, (2) negotiate with the Seller for the payment of these repairs and treatment, or(3) terminate this Contract by Delivering Notice of Termination to the Seller."

Depending on type of construction, routine interior pest control for roaches and sometimes ants; and termite tenting or ground treatment at recommended intervals with inspections in between are all pretty common.

If the home otherwise qualifies for section 121 treatment the taxpayer can exclude capital gains on the prorated portion used as a personal residence.

If the agent is doing a lot of business and has enough clients, you wanting special treatment and wanting to have deals handed to you isn't going to make them jump at the opportunity.  

Research Aerobic Treatment Units (ATUs). 

House-flipping, the treatment of buying and selling real estate(without the intent to hold long-term) has unique tax implications.This is normally considered a business of buying and selling inventory.

If it were cleaned well, then it would be easy to hold them responsible for anything missed.If the home were free of fleas before the first tenant moved in, then you can hold the responsible for flea treatment.

Take a look at some alternative treatment units to septic.