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*This link comes directly from our calculators, based on information input by the member who posted.Hi Guys ~
I have a property under contract, that will be my first wholesale deal, bar...

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I have not only been doing appraisals but also reviewing appraisals for the past 20 years and I have never seen 1 apppraisal report without errors.

Read books, review forums, just keep soaking in as much as you can.

However, the time commitment has been well worth the great reviews and has led to more bookings.

While a general CPA should be good enough to do a basic real estate return, I see many many returns that I review miss basic deductions.I would look at the Tax Pros on this site.

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Just be careful as there are a bunch of flat fee websites that have terrible service--you need to read reviews.

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The plot is around 26000 sf, beachfront, great tourist locationThe build quality is high, and it survived the tsunami of 2004 intactThe place is fully staffed with a manager who's been there for 19 years, with no intention of leavingThe place is one of the few in the area that holds groups (the whole complex is rented out to groups of 12-23)It is currently earning 100k eur per annum with only 50% occupancy (the owner is older and does minimum to market - old website, airbnb, booking.com, homeaway, tripadvisor)The average occupancy of the area is 74% so there is a lot of room for revenue growthThe rates haven't been raised for 3 years and it is due for a 5% rental increaseThe reviews are stellar on all sites, with many repeat clientsThe venue is ideal for weddings, reunions, parties, bdays, etc, and the staff handle everything, including an on site chefWhen you stay there it's like having your own resort on the beach to yourselfOwner will act as consultant for up to 1 year for freeSo, he wants to sell to my husband and I, as his manager and he really like us and know we would keep the staff and concept the same.