I have a flip closing this week in Chattanooga TN and am having trouble locking down a good contractor to do run the project.

So based off this calculation I determined that my portfolio is strong enough to move on with my expansion plan into a new market.Business expenses as % of total expenses : 70% 1) Fixed Expenses: a)Monthly Mortgages: 45% b)Property Taxes: 18.7%c)Utilities Expenses: 14.8% d)Licenses & Insurance: 5.4% 2) Variable expense - Water bills + repair expense : 16%Personal Expense as % of total expenses: 30% My monthly living expensesa)Housing: 39.7%b)Child Care: 25.4%c)Living expense: 22.2%d) Food: 7.9 %e) Insurance: 4.8Income 1) Total Income - 100% A) Rental Income: 42% B) Wage income (W-2) : 26 % C) House Flipping Revenue: 23% D) Property Management Revenue: 5% E) Stocks/Dividends: 4% Please let me know if you would like help walking through this process as it has been super helpful to understand my financial situation or send you the spread sheet I used.

I have also built relationships with several contractors in the area as well so flipping is another are of interest.

I thought I had to file a sales tax return under my retail license and report the sale under my business. 

My biggest unknown is not really knowing a lot of people who specialize in this space (i.e. attorneys, CPAs, general contractors), but asking around is how I got into my first JV. 

Looking for a contractor for a complete renovation of a 1,100 SF condo in West Palm Beach FL.

You need to find good contractors and trustworthy ones.6.

I'm a licensed CPA, but am trying to find a new career. 

If you plan on doing any rehab, have a contractor/contractors do a walk through to get their opinion on the condition. 3.

I used to be 100% paper equities and was a series 7 licensed stockbroker.