Since you are married and live in a community property state, the IRS treats your joint ownership as a single owner for tax purposes, meaning you can answer "No" and proceed with disregarded entity classification.If you want to eliminate confusion going forward, you could dissolve the current LLC and set up a new single-member LLC under one spouse’s name, ensuring automatic disregarded entity treatment without needing to file Form 1065 in the future.

Are all prom note payments current as of today?

If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/  Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.

Im currently house hacking a triplex property I bought not too long ago with one inherited tenant who was there when I bought the property. 

Hello Everyone,Currently, I am experiencing my longest vacancy yet.

My last 2 purchases and the luxury cabin I am under contract currently are all at least class B.  

Then they could move back into their current home.  

Wells, Citi & Chase), but moving all your money for current rates might not be something an investor wants to do. 

Current house is 2500 sqFt 4 bed 2.5 baths. 

I'm currently exploring opportunities in real estate, particularly in accounting roles.