Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Cash Businesses - The Good and The Bad
In all of the businesses I have listed over the years, it seems that there is one thing common among all "cash businesses" - there are "two sets of books". There are costs, benefits, and risks to having "two sets of books" and each owner/operator has to determine if it is worth the risk and potential cost. The risks are getting "caught" by the IRS; huge fines, penalties with interest, professional fees, aggravation and time. The benefits are cash free income and ...well that is really it. The costs, in addition to the aforementioned, become apparent when the Owner, now Seller, attempts to sell the business. Banks (at least when they used to lend money for business acquisitions) will not lend on undocumented income and a Buyer is very resistant to paying for undocumented income. So the Seller has invested time and effort to build a business and make it profitable but now faces the prospect of not being compensated for his efforts to create Value.What to do? One common solution is for the Seller to "hold paper"for three to five years - financing the deal, in order to facilitate the transaction. This is a strong indicator of the Seller's confidence ... more

__________________________________________________
Are you on The Rain? Grow Your Network!