Key factors in determining the classification include the volume of loans, the partnership’s intent, and the loan values.

I will say, for most tax firms, you'll probably pay for more than you need at this stage because you don't have the volume to justify the cost of their services yet.

We charge a daily fee of $50 which usually will make up for it and then some plus the additional bookings who would not have booked without the option, so in my mind it is a no brainer.

Thanks in Advance Definitely possible, margins × volume.

A spreadsheet has its place in your daily operations and tracking efforts, but I highly recommend starting with a software like QuickBooks Online to track your expenses in a more formalized manner.

When these agents come to the table with qualified buyers they can get the property for less than other inexperienced agents and buyers.Negotiation is done with numbers and volume. 

He is very good at what he does though I will say that not many can do this kind of volume no matter what kind of financing there is..  

We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

Note my response is for my market and may not hold for other markets.I look at large volume flippers for guidance.  

AirDNA (I always check multiple places) says this property could make a $500 average daily rate (ADR), with 65% occupancy as a basis.I pulled up the new BiggerPockets STR calculator spreadsheet and realized this might be a winner.After entering all of my research numbers, it shows a potential CoC of 12.49%, a monthly profit of $14,385, and expenses of $12,442 (even with a 15% management fee).