@Kole KingslienA SMLLC that is taxed as a disregarded entity should not be running payroll for its owner.If your dad wants to take money out of the business he should do that as an 'owner's draw' or 'owner's distribution', which will be a balance sheet movement. 

@Matthew McNeilThe BEST books on Cash Flow which tells you exactly what it is, how to use it, and why you should really study the Internal Rate of Return (IRR) and it's derivatives, is this one: What Every Real Estate Investor Needs to Know About Cash Flow..However, you will need to understand Excel Functions and how general spreadsheets work.The other issue is that the Author, Frank Gallinelli, probably makes the assumption that most of the readers of this book have at least High School Math.I will tell you from my own teaching of Adults, there is NO WAY the average American Adult, including Doctors, Lawyers, etc. remembers Math to the extent of High School.Yes, you don't need to know Pre-Calc, but people get so confused with Math.

@Matt Kitchen When  person dies their assets and debts go through a state or county regulated process prior to distribution. 

My knowledge is derived from advising clients about these deals and also preparing the tax returns at the sponsor level as well.  

This is to handle our salary, distribution, and monthly books.

As far as value, these are considered residential type loans, based on that, value is derived by the sold comps with 1/2 mile potentially expanded 2-3 miles from this home.

https://insiderlouisville.com/economy/ge-appliance...The appliances manufacturer will invest $475 million in products, manufacturing and distribution, as well as create more than 1,000 new jobs.

TIAWaterfallUpon sale, proceeds will be distributed in order as follows.

Treasury holds for its Treasury bills and securities or is derived from the U.S.

I don't recall what my prior yearly tax amount was, but for 2017 I paid a little under $500 and got an escrow overage distribution of $556.