If the title of your properties is vested in an LLC, and you file a BUSINESS tax return, it's important to note that positive rental income cannot be used to offset your DTI.

Hey @Patty Mac, I recommend commissioning a tax pro to help with your filing and ask them this question.

Since the Internal Revenue Service (IRS) doesn’t consider child support taxable income, I would not consider it in the rent calculation unless you have a HUD-specific home.According to hud.gov, “[rental property] owners must count alimony or child support amounts awarded by the court unless the applicant certifies that payments are not being made and that he or she has taken all reasonable legal actions to collect amounts due, including filing with the appropriate courts or agencies responsible for enforcing payment.”So, does child support count as income for renting?

Reposting from one of our FB forums:Homeowners who need to file insurance claims - read on.

It looks like no matter what, my actual name will need to be filed on annual report with the NC LLC (even using a registered agent). 

If they continue to not return phone calls, my recommendation would be to contact your state securities and financial board and file a complaint.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

You’d need to file the Articles of Organization with the Colorado Secretary of State (the cost is around $50), get an EIN from the IRS (which is free and can be done online), and possibly draft an operating agreement, which isn’t required in Colorado but is still a good idea.

If you don't get a rejection, call the agent's supervising broker, if that doesn't help call the State Realtor Association and file a complaint.

I would like to do the state filing myself, because its easy and cheap.