Trust me, I'm a CPA and work in corporate finance and  I've sat through a demonstration on this.You make a very good point about opportunity cost with the HELOC and it's a huge detractor from this method.

It would be smart to try and secure a good GC, and see if they can incorporate subcontractors from outside the city limits to bid on your project.

Hello again, so...as is stated somewhere here on the forum, no question is a dumb question.My sister and I plan to incorporate soon and she is one test away from have her real estate license. 

I was in a very high stress position in corporate America and also saw people get fired for things that were not their fault.

We incorporate the results of cost segregation studies into your tax returns.Some of the cost segregation companies that work nationwide are run by @Bernard Reisz, @Yonah Weiss and @Julio Gonzalez.

So my question is, I thought salespersons working under a broker were able to incorporate bc they were like independent contractors under the broker?

Just trying to incorporate more lead sources.

@Audrey Koerber @Chad Urbshott gives you good advise, find yourself an attorney and accountant with cross-boarder experience ... preferably in real estate.Canada does not have he equivalent of an LLC - essentially the simplicity of sole proprietorship with the benefits of incorporation - and the CRA will treat it as a foreign corporation {in almost all instances}.   

By incorporating in another state, Roofstock can somehow go around certain rules that carefully regulate brokerage activities carried out by local brokers in some states. 

Understanding its nuances and incorporating it into a comprehensive financial plan can unlock significant wealth-building opportunities.