Otherwise, I can just flip in my name and have an umbrella insurance policy to protect myself (which I do have).I really want to convert my LLC to an S-Corp election, but is it really necessary at this point if I'm relatively new and haven't done much flips?  

I am interested to learn more and found this below attached the link, it might help you, if not please ignore it.https://www.zippia.com/construction-management-major/Based on the analysis from the link i feel any of the option might fit you.Architectural Internship-->Project Manager--> Property Manager--> Real estate Manager.General Foreman--> Superintendent--> Construction Manager--> Vice president of construction.

SO much depends on local ordinances and which judge presides.

But to answer your question, the election you need to make for tax purposes is with your CPA.

Hi Jon QuigleyReal Estate Is local.Get your REIA president out to lunchAsk him her for1.

According to my broker (who teaches ethics and is the current president of the board in Ft Myers) advertising property you do not own is a violation of article 12 of NAR's Code of Ethics.

Another thing about Jakarta-Indonesia is the city where President Obama used to live & go to grade school when he was young :-)Any advice on how to tap to global property investors?

If cost is a factor, and based on your comments it appears that it may indeed be, you might elect to forgo creating a Corp or LLC and simply create and then operate using a trust which is pretty straight forward.

Chris StanisAffordable Housing Provider; President of Southern Tier Real Estate Investors Association

I think the biggest issue in Uganda currently though is the President.