that means... numbers have been collected).And don't just take my word for it, heck don't take that studys word for it.Look at yourself. 

But, the distribution will not be subject to this tax.In my opinion, the best option when it comes to flipping is to buy at a substantial discount, fix the property, rent it for a while to collect some passive income, and sell it as a turnkey rental to another investor.

@Nathan Gomes after running around like a chicken with my head cut off last year, I learned to collect all of the information I will need to complete a 1099 in the contract at the start of the job.

If you didn't necessarily need to deploy all of it to satisfy the 1031 I would say you could also just be a lender and collect the interest.

Generally yes, with 3 exceptions:If he collected less than $600 in management fees during 2018 (unlikely)If he deducted his fee from the rent that he collected electronically (could be hard to determine)If he operates as an S-corp or C-corp (not common)

A great starting point is your local investor groups.BUT - you can't just show up once or twice, collect business cards, and think that you've 'checked the box.' 

I’d dmanages exceed deposit amount send the ledger to collections.

ThIs helps to separate the “sales“ from the “education“ elements of BP.This post should be fine for collecting referrals, but if you’re looking to get answers straight from the horses mouth I would either 1) make a marketplace post, or 2) message and connect with accountants and bookkeepers directly.Good luck!

PGI--potential gross income- VCL--vacancy and collection losses+OI--other income (internet, etc)= EGI--effective gross income-OE---operating expenses such as taxes, insurance, etc (does not include debt service=NOI--net operating incomeAfter NOI subtract debt service (interest not principal) and then you have BTCF..before taxes cash flow

I have great managers for a multi unit in Hagerstown and all I do is collect the check.