A "reorganization took place, one of the families left the group in exchange for the insurance proceeds and the property then had 4 owners (and 4 cottages)2000:  I bought ($42,000) my parent's share.2000-2010:  I bought the other shareholder's shares (total $300,000), leaving just me as the sole shareholder2017:  Elected to file as S corp.None of these transactions were properly recorded.2022 1120S tax return (2023 is on extension) shows:$0 income$15,000 Land (sched L, line 12)$122k Loans from me($189K) Retained earning$93K cap stock($46k) Sched m-2I have no idea how we got to these amounts.Does any of this make things easier to understand and easier to get me out of this capital gains problem (or does it just muddy things even more)?

Capacity is ability to execute and retained cash..

I just have 2 questions:1) How can he eventually retain the "15% withheld" funds from the escrow account?

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I got quoted $1490 yearly cost plus a $30/mo retainer to have unlimited access to my personal real estate accountant.  

Why would you retain this contractors services if they were unable to provide a contract let alone a written estimate, or evidence of permits?

Although the property has less than 600k in total debt against it.. so its just operating expenses and he keeps his properties pristine so he says he runs about 40% in operating costs prior to debt service which So basically no pay means no retained earnings for the month ..

There is a gal who came by she said she can do social media marketing on a monthly retainer for 5k/mo.

I have many out of market/state/country investor clients (and I also do out-of-state investing for my own portfolio) who self-manage their properties which is the best way to maximize cash flow and retain control of your investment.