Double-taxation can occur when a C-Corp has a profit at the end of the year that it would like to distribute to its shareholders.

Depending on where you live, there may be by-laws restricting your "flipping" the property for profit within the first 2 years.Further, you may have an issue with your finance people if you took out a mortgage to make the purchase, such as pre-payment penalties if you haven't had the loan long enough. 

Has anyone read buy it rent it profit by Bryan Chavis?

In the unlikely event that it wouldn't sell for a profit, I could cover any loss.

I believe I have a solid rough draft on what it takes to build a profitable plan.

Then they have the option of paying right through QuickBooks via ACH, dropping a check in the rent slot in the building, or depositing cash right into my account at the bank.At tax time I can print out Profit and Loss for my taxes and get the info I need for the rent tax forms for the tenants.

Obviously there would generally be less profit for you, but a fraction of the risk.According to my last couple conversations with lenders, I would anticipate needing 40-50% of the project cost in cash. ps.

So, I am working with seller to craft a win-win-win (front-side and back-side) for all parties.ARV: $350,000.00MPP: 273,890.00Repairs: 17,500.00Potential Profit: $45,500.00Holding Days: 60Images to be added soon...

Profit is a good thing bro !

So, I am working with seller to craft a win-win-win (front-side and back-side) for all parties.ARV: $350,000.00MPP: 273,890.00Repairs: 17,500.00Potential Profit: $45,500.00Holding Days: 60Images to be added soon...