I am glad you opened this forum discussion because all the comments and replies have been helpful to read.

Contact me Monday to discuss

There is a further discussion to be had about protection from establishing LLC's but then there is a counter discussion on piercing the corporate veils and getting to personal assets.

I have'nt read it but if we meet this week it may be good to have read it and discuss it.

The IRS has seen a noticeable drain of their auditors who had the most longevity and are now trying to cope with mediocre, second string employees.  

For employee deferrals, you can contribute up to $18,000 of your declared income ($24K if you are age 50 or older), which would be the net operating income less the full 15.3% of employer and employee self-employment taxes.  

I will address all the points for further discussion. 

The title said discussion from VA. 

I'm sure you're going to love the discussions about RE and investments.Good luck!

If we were to build, we would be self performing everything, no subs, all in-house employees (frankly, it's not that hard), financials might be a problem, it is not as strong to build a 1-2M project - gross receipts around 300-400k this year if I were to guess and 290k from march 2014-aug 2014 (our 2014 fiscal year), license and insurance is fine, experience??