Code § 7701 - Definitions, my understanding is that the answer is NO, but maybe I am wrong.As the actual rate of withholding is 15% of the sales price, and as the refund (if any) would be "within 90 days", it can be a major setback for my company´s flipping cash-flow because 15% is way higher than the taxable income (and of course than the tax itself), so we would be in the necessity of capital injections to flip the next properties.If any of you have comments on this, it would be very helpful.Thanks in advance

With systems and procedures in place that are time tested to welcome longer-term tenants and give investors a hands-free experience.The industry is maturing year over year with the backing of necessity.

You don’t have to be passionate about real estate to be successful investing in those; it’s the BUSINESS of real estate where passion is a necessity.  

Didn't give a ****, cause it wasn't an investment but a necessity for my growing family.

The cost and work to furnish, decorate, and outfit a unit with the necessities to be used as an STR would only make sense if you think this flip is in serious trouble and likely won't sell for quite a long time.

I totally agree and I think it’s going to start becoming a necessity.

Since the project is self-funded, both by choice and necessity, the ideal time frame for the whole process (locating the property, inspecting and buying it, renovating it and selling it) would be 6 months, give or take a month.

Providing all the necessities for cooking and cleaning up.  

Learned how to switch a house from a primary to a rental, and the necessities for both.

Plus you have to keep in mind that we are in a climate where interest rates are very likely to start trending downwards, maybe that's worth waiting a bit longer than you otherwise might to pay yourselves in dividends in the future.Surprising that only 20% of homes have a bathtub as I think of them as a necessity personally.