Don't expect to agree with everything he says and be aware that no one is always correct. 

To determine the correct treatment, consider the RV's permanence, utility connections, and business use.This post does not create a CPA-Client relationship.

Did I understand you correctly?

I ended up having to pay for their tax preparer’s time to (finally) meet with me and make corrections.

Of course, if the snow is not getting shoveled, that’s not good and needs compliance correction activities by the PM.

If I understood your reply correctly.

Yes Mike, that’s correct.

Sale Price$171,000 - $55,000 (Rehab) - $13,680 (8% fees) - $40,000 (profit) = $62,320 MAOFrom talking to other investors and doing research, typically a Novation allow more money to the seller, correct? 

We'll still provide extra but just not quite as much.Beyond check lists, getting stocks replenished correctly and consistently is really dependent on the cleaners and quality review.

If convicted of bank fraud you may be facing large fines of up to $1,000,000 and/or imprisonment of up to thirty years.Posted without comment.Okay, so one comment:Just because someone in your community says it's okay to do, better clear it with the feds first, or you may be talking with them later..This reminds me of a Subto in California that went bad and wasn't handled correctly.