I'm from SE CT. 

The supercars can generate that rocket speed all the way through the top end.Currently new 2014 Toyota Camry SE loaded.

Based on his intent, which is not to be a real estate flipper, if he buys and sells one home is he going to be subject to SE tax??

Brady,J Scott has it right except SE tax is 15.3%.

After that 3 day audit I had back in early 2012 over my 2009&2010 returns they nailed me for SE taxes & disallowed legit well documented mileage etc.They sure make you feel guilty going in & after I cut the check for the extra owed plus penalties I got the distinct feeling they were going to audit me every year thereafter.BUT I just got notified that I over paid my taxes for those same years ??????

I've summarized from their page for those unfamiliar or need a refresher..LinkThe Foster Road Transportation and Streetscape Plan prioritizes safety and streetscape elements to transform the Foster Road corridor and its surrounding neighborhoods into centers of vibrant and unique neighborhoods, resulting in an array of benefits for residents and businesses.The project extends from SE 50th Avenue to the western edge of the Lents Town Center at SE 90th Avenue.

I know that flippers themselves generally need to pay SE taxes but I'm not sure how the government will see my role in something like this, when my LLC is only doing the funding and not the work.  

Anyway, I’m going through an eviction of tenant in a nicer area of SE Memphis right now.

@Benjamin Carver my firm has positions in assets throughout the SE and Texas, we do have assets and an office in Asheville.

yes  at least in most states you must work as an agent for a few years then you can take the brokers exam... although there was a post on BP about challenging the CA brokers exam straight away but that 0pportunity sunset according to the postAnd specifically not necessarily a company but you must hang your license with a broker who will supervise your activies it can be a broker who works from home does not have to be a company per se