Hi Chris, if I understand the transaction it sounds like you will receive a 1099-S for the full amount.

Let me know if you'd like to set up a meeting since we are local.

Are they a start-up, do they have any operational, how do they do at it, etc etc.. 

We walked through a property that we went into thinking we were not going to like it and we ended up loving it and jumping on it pretty quickly after because the seller was getting other cash offers and the price/location/set-up of the property just fit our situation well. 

I personally don't know of their group but figured id link that article since i remember reading it and the name clicked. 

Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income. 

The housing market never ceases to surprise us. December marked a big moment: for the first time since mid-2022, home prices increased year-over-year in all 50 of the largest U.S. metro areas. Yep, every single one.
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Welcome to the world of real estate investing!

Read that again.   

If you need someone to do more than guest communication and I can guarantee things will come up, at the end you will need a PM.