All Forum Posts by: Torsten Holmgren

I have done many short sales and you are required to sign an arms length addendum. It specifically says that the property can not be leased back to the owners. It is a pretty well thought out addendum. I do not think that their is any way that a homeowner can sale lease back buy.

Yes, most full service property management companies will give you monthly statements and a 1099 at the end of the year. When you are interviewing management companies you will want to make sure that they don't charge an extra fee for the 1099 though.