Updated over 7 years ago on . Most recent reply

GC or Developer or nothing at all
My company has flipped several houses. Some of them were bought in my personal name, some in my company name (s-Corp) in the past I have been classified as a Residential Developer and then hired a GC to facilitate the construction components of project.
Question: Do I need to to be a developer requiring fees to the state and special insurances or can I simply own the company, own home, pay a contractor(s) to do the work and then sell?
I’m in Oregon if that matters. Just trying to streamline my process.