. , I saw that article and thought it was interesting , it makes sense though.

Hi Jon, I wrote an article about this exact topic.

@Rich RiesmeyerI know im a little late with article. 

Here's another article: WA State Flipping hmmm. link isn't working - https://www.dropbox.com/s/n4mhbjg6jjmkd1a/Do%20I%20have%20to%20be%20a%20GC%20in%20WA.pdftry that.

Raymond, the filing fee for an LLC is $150 if you mail it with a check or $156 if you do it online; see Articles of Organization available at http://www.sos.ri.gov/doc_lib/search/rilimitedliab...HOWEVER, besides just forming the LLC there are other documents that should be involved beyond the Secretary of State articles of organization, such as an operating agreement (critical in the case of a multi-member LLC but still important even for a single member), some kind of LLC resolution(s) regarding the formation activities, additional docs if you reside out of state, etc.There are also ongoing filing requirements (which believe it or not, a lot of people forget) and entity formalities (such as annual meetings, special meetings for major LLC activities/decisions, etc.), special ways you should be signing documents when transacting business in the name of the LLC, etc.This is why I'd strongly recommend involving an attorney in the process, especially one with experience in tax matters.I'd estimate that an attorney might charge you $1000 (could be less, could be a little more) but if this is your first entity, I think it would be well worth it for someone to guide you through the process and make sure you don't do things to endanger the entity protection right from the get-go.Also in terms of other costs you should estimate at least $500 yearly for the tax return for the entity, there's a $450/year minimum corporate tax (which I believe applies to all corps, S- or C-) and an annual report filing fee with Secretary of State which might be $50 (check their website).In terms of other states, I would strongly recommend setting up an entity in the state you're actually going to be doing the business activities in, though again that's a conversation to have with an attorney (which I am not).

Great article and good luck with your book!

Signs of gentrification are often bars/restaurants moving into an area, the demographic shifting younger, newspaper articles about the neighborhood being up and coming.  

The problem is that I am starting to see quite a few articles and posts from people saying that wholesaling is "illegal if you're not a licensed broker". 

See https://www.raleighnc.gov/business/content/PlanDev/Articles/Zoning/ZoningandRezoning.htmland https://www.raleighnc.gov/business/content/PlanDev/Articles/Zoning/ZoningRemapping.html for lots of detail...

Another time, send an article with a post-it note.