At a minimum, they'll want a Broker Price Opinion (BPO) or a full appraisal to understand the value of the house.

You will then report the information from the K-1 on your individual tax return.When you dispose of the partnership investment-the gain will be long-term if held for more than 1 year.If you have a loan agreement - you are lending money in exchange for interest.

You must sign in the selling agreement that you understand you are in the hook for the deposits after closing .

We have very few regulations regarding this process in our small town besides a party wall agreement and co insurance, but we have also done this in a larger city where they required a POA and some other legal legwork for the duplex so that if needed the units could be sold individually.  

One thing to make sure is to manually set your minimum nights to allow the shorter reservations for that window. 

Do you have an agreement in writing?

Also, since the ownership is from Charlotte, we understand the market and try to be as investor friendly as possible with our management agreements.

The name on the purchase agreement must be the name that will be on title, filed in the county.I hope this helps!

Type of agreement is irrelevant.  

If the deed was quit claimed to this scam artist, they are now the owner and would need to be the one to sign any listing agreements or purchase contracts.