You’re right bmrum… that was a poor example. I was simply trying to illustrate the fact that there are many reasons why profit figures are obfuscated. Related parties transactions in RE what makes profit margins very difficult to determine. RE projects often times involve multiple entities, but those entities may all lead back to a controlling entity/individual. The landsurvey company maybe owned the wife, the grading company owned by the son, the roofing company maybe a corporation whose’s shareholders are the son, daughter and husband, etc…
