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, not the capital reserve, we can take care of the swing up in one year and the swing down in the next year, thus we
unit, 6 story building. I recommended budgeting in 30K per year for capital items such as these. Now
consideration to examine. I think ability to obtain financing for capital programs is a main consideration: a co
Please, give me a break. To compare flip taxes to capital gains is rather ridiculous. Flip ... capital gains taxes
- and I am not dealing with petty cash - try $100,000+ a year, and in addition unfortunately capital
requires that flip tax income be used exclusively for capital improvements. (As an aside, if you live
In a way, flip taxes are similar to capital gains taxes. You buy shares, you sell them. When
is then converted to 'Reserves' for your 'Capital Expenses.' " That's what I was trying to say. Money from
to "Reserves" for your "Capital Expenses." However, should your taxes be higher than expected or your
the corporation. Zero reserves leaves the shareholders to open their checkbooks when capital improvements

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