Flips are taxed as ordinary income.

First off, flipping income is not taxed as capital gains nor is it called a capital gain, it is taxed as ordinary income and you pay at your marginal tax rate.If you form an LLC, which is a "pass through entity", then the profits from the flip are passed down to each member via a K1 and subsequently reported on each members individual taxes.If you form an S-Corp, you have a different process.

As you may know, much of the American legal system came from the English common-law system.

Helps with Ordinary Income requirements when going for additional mortgages.  

Jay - American Parkway is a PRIME office location, mostly A+ office buildings...used to be always fully occupied...That is pretty alarming if you compare now to before.... 

It's provided by American Water Resources. 

Unlike ordinary salt, and every single FDA approved pill.  

I use First American Title for 1031 exchange.  

Does anyone have any experience they can share on Colony American Finance or B2R, or other suggestions?  

Looking at investment props (sfh) in S Ontario...I am US citizen, born and raised in Canada.Looking for anyone with experience and has insight on tax implications in Canada and US for this type of investment.