., then there is a chance that he can return and have nothing for the IRS to take.

In your case, the IRS makes you pay estimated tax on your profit distributions, particularly if your S Corporation is fairly profitable and you're taking out healthy profit draws. f you can show the IRS that you've paid most or all of your previous year's taxes within that same tax year, you will stand a very good chance of avoiding estimated tax payments entirely.

Chance from Indiana

My name is Chance from Gary, Ind.

Finally to a chance to go to the meeting it was amazing.

If statistics matter the data says buying a franchise opportunity has a much greater chance of success and will more likely match what you expected going in.

It was listed with an agent several months ago, then before I got a chance to look at it it went under contract.

Thanks for your reply, I think if I can get this deal pretty cheap I think I stand a good chance at making some decent money on this property.RD

I had a chance to look over your history and it's obvious you are a highly experienced landlord generously offering all kinds of useful tips--notably on contract and legal matters.

There's no chance you'll get a HELOC to do it, because you have no equity.