I will shoot you a PM.

In and around the Philly market, which is my home town, my contractor comes from a referral from a friend who worked with this GC. 

Do you plan on doing multiple flips or just one?

Always consult with your attorney before you rely on the above information.

What you can do to offset this profit is to invest in syndications that do cost segregation studies (which will lower your tax you pay).

Austin that is legit amazing, I hope you are very very proud of what you have accomplished because not many people take that much action so way to go!!!

Let's hear who you use and why you recommend them or don't. 

You can keep track of which expense goes to which property through your accounting software (even a spreadsheet would work).  

mario,  correct on the math.Now for sure you need to rehab it.

I'm not talking about saving for savings sake, but actively considering how a dollar can reproduce itself so that you can not only have whatever it is you want to buy, but also put more of the reproductions to work making more dollars and still have the original dollar.