As the world becomes increasingly digital and environmentally conscious, these factors are becoming critical in shaping the future of real estate investments, property management, and construction projects.

Most times, when someone is thinking about a flip their goal and expectation is for a relatively quick sale.

I learned from an investor friend to make sure everyone knew that I'm looking for passive investors for my next project.

I'm a realtor and My wife and I are actively flipping also (3 projects going on now). 

The goal is to show that you are not making money in the lens of the IRS, but also making sure that you can + cashflow in the lending world.

I have read a lot of books on this topic and they all say to state your goals.

Choose your plan based on your money goals, how much risk you can handle, looking into the market, and how long you plan to invest.

At that time he said the project will be done my Mid Jan 2024 or at the latest end of Jan 2024.

They completed the project and now are working with their RE agent to get this property on the market.

You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.