Looking back over this dark cloud on my REI journey, I realized my mistakes in this process.

@Henry Clark The tax returns are just made through the holding company LLC with the S-Corp attached for those tax purposes which would never be closed, one operating account is all I need for the funds to come into and those funds would funnel from only the holding company with the S-Corp attached while all funds are processed out from their own LLC into the holding company, I have a single credit card for all business expenses that would be connected to the operating account aka my business checking, the insurance policies can only cover a single property at a time anyways so no going around that.Otherwise, if I can get around doing it this way and just have a single LLC to cover all of the properties I flip throughout the year then by all means I am up for saving some money but only if there is not a big chance that I can run into problems down the road with your suggested plan of attack.Let me know your thoughts on that because trust me I would much rather have it be as simple as possible

I'm viewing this question from purely a data standpoint.

As far as continuing the W2, it's not really an option as I currently work in Banking and more than likely someone would see it as a conflict of interest.That said, I'm not new to RE I've purchased numerous properties in the past and been to hundreds of open houses in the process.

JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.

If you're curious about the loan process, you could start by looking at a company called Commercial Loan Corporation, who often specializes in loans to irrevocable trusts and is very familiar with the loans in regards to the property tax savings; my recollection is that they have some marketing materials on their website.

We are in the process of exploring legal avenues as others before us have as well.

lol we read the same data.

I agree, it is a horrible process for buyers. 

I'm not sure if he's on this forum but he's been making videos on the process and is always willing to share what he's learned.