I do have some concern about the identity of the proposed LLC though.

Who says there is no honor among thieves?

You will receive less SPAM and junk mail.Whether you acknowledge the fact or not, the Internet has become a primary source for Identity Theft.

Looks like it could be an identity theft data mining ploy.

Sometimes I flip in neighborhoods where I not only don't put up a sign when rehabbing, I don't even put up a sign when selling...it just invites thieves.

If you do get classified as a dealer (and, if you do multiple flips, you will), the calculation is identical, because the houses are inventory, and the income is ordinary income.An s-corp may be able to help with the SET.

An online system to fill out some forms will completely leave you in the dark so you will not know what you are missing out on.You sound like you are thinking long term when it comes to building credit, professional identity as a business.

I'd like for most of it (dressers/nightstands) to be identical.

It's almost identical to what my attorney told me.

Just doing some research today, units identical to mine leased out for around $895-$1075In any event, with a recent reassessment, my losses will drop to around $125 a month.