I actually learned this tactic from Michael Blank and I've used it a few times and it's been very helpful

Michael clearly knows this stuff and I encourage you to listen to him.Here's how I look at rules and regulations, generally.

Hi Michael -Thanks for the response.

I agree with @Michael B.

Thanks Dave N, Dave V and Michael for the warm welcome.

I know @Michael Blank has a pretty rough one with the DC area and code violations with a monster tenant almost driving the property to bankruptcy... something like that?)

@Michael Faulk lol I don't mind grabbing a beer, shhh!

I think many of the answers above are great but would look at what Michael K wrote.

@Michael DuVentre

Originally posted by @Michael O'Byrne: Hi All, We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting.