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

A good accountant can determine how to account for the 70k received in the best tax advantaged way that makes sense for the transaction.

I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account. 

Alternatively, you may want to consider switching to a platform that offers this level of transparency.Additionally, on both Airbnb and Vrbo, if you have access to the account, you can view the transaction history.

Your Canadian Score, Canadian Bank account, would be sufficient to qualify for the loan.

Call it a dollar devaluation adjusted savings account. 

I am also a huge fan of real estate and for the past 50 years there's been a way to combine both.By leveraging a Self-Directed IRA, real estate investors enjoy both the traditional advantages of property ownership and the additional tax benefits of retirement accounts, creating a powerful wealth-building strategy.

She isn't thrilled that her refund is so low but I was able to give her an exact account of the revenue minus expenses and she thanked me.Far fewer phone calls.

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent. 

For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.