She said hopefully you are reporting rental income on your taxes and also that it is important to make sure that you are not reporting a loss on either property.

If I lend money to a flipper operating as a corp or llc, do I have to issue a 1099 or 1098?Looking at the IRA publications for these forms I don't believe I need to issue a 1099 because I'm not paying anybody, and I d...

If she reported any Wholesale flyer to a broker, agent etc.

Sadly this was yesterday's news: http://www.boston.com/news/local/massachusetts/201...Same street, just sayin'...

You should not be reporting your share of "rent" You simply just add enough to cover the cost of the mortgage, etc.You will be subject to capital gain rates on your personal percentage AND the rental portion. 

In Fl, you can have someone do the data entry and upload the photos, but you must take the photos, pull the comps, make (or dictate) the comments in the report and assign a market value.

B. (1) BUYER HAS: 30 Days After Acceptance, unless otherwise agreed in writing, to: (i) complete all Buyer Investigations; review all disclosures, reports, lease documents to be assumed by Buyer pursuant to paragraph 8B(5), and other applicable information, which Buyer receives from Seller; and approve all matters affecting the Property; and (ii) Deliver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Seller in accordance with paragraph 10A. (2) Within the time specified in paragraph 14B(1), Buyer may request that Seller make repairs or take any other action regarding the Property (C.A.R.

I'd report it as interest or capital gains.

.- walk throughs at least twice a year with a report.- awesome communication with both you and your tenant.- owners statements every month, and a end of year statement.- both rental comps and sales comps based on actual sales not more than 3 months oldSpring has rents for SFR's normally between $1350/mo and $1900/moI would budget based on 12 month leases renewing 2-3 times. 

I had a real estate agent tour the property for me while taking videos/pictures, an inspector do the report, and then a property mgmt company handle mgmt.