Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

We have several international partners in town for a few weeks.

Really opened my eyes to more sophisticated methods for evaluating potential deals.Especially, Internal Rate of Return (IRR), which judges an investment against other investments.

I am also learning/investigating about international property investment.

Always... it's just an internal form.

That would make it a construction/term loan for this bank - higher origination fee, higher interest rate on the construction money and harder to approve internally.

I have done some preliminary reading but would like to know if someone has more experience in international lending/borrowing and could provide their insight. 1) What are the tax implications for the US side?

Select a software where you can:-- reconcile your bank accounts including operating  (one software for accounting and management)-- budget, forecast and asset management-- payroll -- pay bills electronically to vendors, owners and tenant deposits (no printing and licking the envelope - savings of $8.00 + a check)-- all your management needsIf you are using excel and other software you are already doing double entry.We like Appfolio, Buildium, Propertyware, Yardi and love QuickBooks. 

You would need to know your target clientele (are the local, national, or international).  

Hi, @Ariel Bertsch, I just saw your thread and thought I'd offer you a link to this report we just reviewed internally a week or so ago when we were checking on the progress our city has made: http://uli.org/wp-content/uploads/ULI-Documents/Em....