@Steven Hamilton II what is the best way to structure a business for flipping in regards to taxes?

Perhaps it might give you a better eye for structural details/problems before committing to a property purchase?

One developer though has successful purchased and reinvented some huge mill structures in a viable way and continues to make news with purchases and plans for these buildings.

When things go bad possibly down the road or not as great as expected the operating agreement and structure set up will help to keep things civil and on track.

The whole business structure and idea of getting paid to find RE deals is an underground activity in most eyes looking upon your activity.

Jordan, there are a thousand ways or combinations to approach such projects, often under syndication, with tax credits granted, can be in a REIT or other structures, sole owners, affiliates and subsidiaries may be involved.

The structures are CBS.

I purchased a house in Edmonton that has a horizontal crack the entire length of one wall as well as at least one vertical crack.The work has been repaired but the seller never disclosed that the crack was there until after I ripped down some of the drywall and exposed the cracks.There is an engineers report that says that the wall has been repaired and has been restored to "structural adequacy".They installed an interior shoring wall of pressure treated 2x6's with staggered pressure treated blocking that is tied to the floor as well as the joists.I purchased the house with the intention of adding a second story.I am wondering if it will support the second story or whether there is more that I should do before I start building.The original foundations in the area are such that they should support a 2.5 or 3 story house without issue.

You probably wont be saving much if any money , As a contractor , I need to make a profit , if you supply the windows , and something goes wrong , they are your windows , not the contractors .

Start talking with small local banks to determine what kind of structures they'll lend on.