Quote from @Daniel Samandarov: Quote from @Account Closed: Quote from @Stylianos Kalamaras: I would recommend staying far away from that company.

I would not necessarily advise being cash flow neutral or negative before you account for these types of things.

Then create a maintenance account.  

For the most part all you do is monitor your bank account.  

It will help a lot if you understand accounting and how the statements are actually generated.

Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

This means more cash in your account each month than if you pay a mortgage.

This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%. 

I think you would need to account for that with each “flip” - does it?