I am Sam, Sam I am, Hello everyone I new to investing I am here to learn and absorb everything I can.

Hi @Sam Gibson!

This WAS the practice about almost a decade ago, but then national title companies such as first american mandated that AB closings have to have their own funds with which to close as does BC closing back in 2010-2011.  

hey Naseer,I talked to few Chinese CPA, they all recommended open a s-corp for filpping, so i paid and formed a s-corp , we are planning to flip 4 houses a year, but  yesterday I met a CPA from meet up  he said there is no need to have a company  if we only do 3-4 flip a year,  he think we form the wrong entity too, why Chinese CPA and American CAP hold different opinion, make me so confusedmy question is should I go ahead open bank account to start the business as S-Corp which I already formed  or cancel the entity? 

The 2 million route is money out of your own pocket.The American Dream and 401Ks are the biggest frauds perpetrated on Americans.

And it's American made!

@Sam Sharma Thanks, Sam.

@Sam Baker,Almost all of my property purchases are through direct mail.

My home is an American four square ornamental that was built n 1906 and my neighbors building I'm guessing shortly after maybe in the 20,30's.

@Sam Leon Come on now, everybody's got to eat.