I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.This would make sense to me if flipping were my job and I were self employed, but the majority of my income (and my hours spent working) come from my day job.I know I can set up a S Corp and pay myself a "modest" salary, but I'm wondering if I could do so without the modest salary (since I already have a salary from the day job) and just take all of the profits as dividends/distributions.Any thoughts on how best to approach this in order to minimize my tax requirement would be very appreciated!

Yes, it was very stressful, not because I was evicting someone per se, but because as Mike M. said, they were stealing from me.

Additionally the domain in question needs other external sites linking in to it to attain higher positioning in the SE's.

I think you should report it under other income (not subject to SE tax).

@Seth Robinson You'll want to reach out to @Brandon Ingegneri he can get you se up and handles my business in Providence. 

Have first hand experience with SE Texas I can relate also.

@Katrina BledsoeThe reason many investors focus on BRRRR is because of the ability to "recycle" your investment dollars.I purchased my first property with 15% down in SE Michigan.

And as you remember, the whole crisis in 2008 wasn't a housing crisis per se, it was a liquidity freeze.

Moving legal entities abroad, e.g. a B.V. outside of the Netherlands is more complex (and you need to deal with foreign tax inspectors not knowing the legal entity which makes it costly).If you wish to take it up to the European level (EU) consider a supranational type of legal entity:* EEIG: European Economic Interest Grouping, like our VOF in the Netherlands* SE: European public limited liability company, e.g. for holding companies* (SCE: European cooperative society (SCE), for cooperatives)For worldwide investing: think of trusts.In any case, real estate investing is legally and fiscally driven and you need to consult a attorney and a tax specialist.

If the problem is indeed in ERPs payment processor per the articles I'm reading and not their internal systems per se, then this is at least poor business/contingency planning, maybe negligence?