I don't have a background in accounting or real estate which I believe would be helpful in aiding me to understand some basic key concepts and calculations when learning what it takes to be successful in REI.

Asset protection is also different since you are considered to own the stock of a corporation, which depending on the state, can have negative consequences.

Jay Kaufman, Chair of the Joint Committee on Revenue, and then Rachel Lake, Operations and Constituent Services Director for Senator Julian Cyr, who represents the Cape and Islands.As we mentioned in previous communications on the topic of the Lodging Tax, the momentum is growing among Cape and Islands Chambers of Commerce and state legislators across the state to impose the 11.7% Lodging Tax to all short-term rentals, with 5.7% going to the state and up to 6% to the towns.Our opinion piece that was published in the Cape Cod Times on April 5, outlines our reasons for opposing this tax.Despite our concerted efforts for nearly ten years, it is becoming increasingly clear that legislators are intent on imposing this tax and will likely succeed.Homeowners can certainly continue to lobby against this tax, but a more realistic approach at this point might be to attempt to mitigate the negative effects it would have on the Cape and Islands.

I just need to find a way to break it to her that her cap rate is NEGATIVE. 

Nowadays, I get to enjoy a large monthly cash distribution in problem free months, but no cash flow in months with significant expenses.Now, when you have 100 units, the concept of averaging out your CapEx expense and setting aside funds for that purpose out of cash flow begins to make a lot more sense, and I'm sure that large investors do that.

 #3...interesting concept.

He has left behind a property in which he has zero to negative equity in.

Any particular thought on the series LLC concept?

Now you are negative 1% on return even with the rent growth from last year in comparison.My clients buying multi-million dollar properties that are retail it is triple net so the tenants pay the property taxes.

But all the properties I analyze around here are cash flow negative.