We are just starting to get distributions, currently sitting in a business checking account.I'm curious how others have handled taxes on this type of situation. 

I don’t know about 1% doing 99% but there is a Pareto distribution for sure as with anything else. 

What are your best techniques to decide on specific areas to purchase houses to rehab?

Do you think that is a reasonable ask given the circumstances mentioned above and any recommendations on negotiation techniques?

If you want to, take a distribution at the end of the year for yourself and your father, but, again, make sure you leave some working capital in the account.

But then, I know what I'm doing and I have a very specific list and technique.

Prohibition on distribution or sale of mailing or telephone number lists — Penalty. (1) Except as provided in subsections (2),Subsection (2)  "...this section does not prevent an individual from compiling a mailing list or a telephone number list by examination or copying of public records, original documents or applications which are otherwise open to public inspection."

Some of the things I know I lack are construction knowledge, live hands on experience on a project, and proper financing techniques..Any advice on the right way to go about this or If anyone Is Interested In chattIng let me know!

"I have not been on ESPN but would be seen on bassmaster.com, ive been on a radio show, lots of social media and locally in the area at tournaments"If the power washing business pays for gear or fishing related equipment, it would most likely be a non-deductible expense, a distribution, or a loan to shareholder. 

Each OZ fund would be set up for zero distributions till year ten when the property is sold and RG proceeds and ROC distributions are made.