You probably need to report if you are a corporation, LLC, or HOA.For more information:US Treasury dept, “Financial Crimes Enforcement Network”Disclosure: Janet I.

Wondering if you have any particular online companies you recommend that checks evictions, credit reports, collects rents, provides a lease, etc... all in one place. what are some of the pros and cons you have experienced with each company. thanks

Mag has great reporting and great returns.

Regardless, if you create an LLC in a state you do not live in, you will have to register as a foreign entity.

Hi Brian, I mostly pull Rentometer pro reports and cross reference with MLS and Zillow but I only focus on properties that ACTUALLY rented, not just listings.

LLC for Foreign Property: - Is it necessary to form a new LLC specific to the foreign property, or can it be owned under an existing U.S.

The DSCR will still have a personal guarantee, and whether reported to the credit bureaus or not it needs to be disclosed as a debt, so there's no benefit there.

Under audit, the auditor will seek substantiation that what you reported was truthful.

When a tenant leaves owing $2,000 in damages, reporting them to a credit reporting agency may pressure them into paying you to protect their credit.

The first step is always reporting to your local police department and getting a document that states that any unauthorized visitors will be trespassed immediately-- but in my experience, it takes more than just this to get the squatters out.