You're inquiring about someone coming to the property to give an estimate of repairs required but you indicated that you and your father figure it's going to take about $xxx to put the house in order.

Accordingly, Notice 2019-07, 2019-XXX- 17 -IRB XXX released concurrently with these final regulations, provides notice of a proposed revenue procedure detailing a proposed safe harbor under which a rental real estate enterprise may be treated as a trade or business solely for purposes of section 199A.Under the proposed safe harbor, a rental real estate enterprise may be treated as a trade or business for purposes of section 199A if at least 250 hours of services are performed each taxable year with respect to the enterprise.

They read somewhere that your property manager should be doing XXX, and so they demand it.

Create new forum post titled "looking for investor friendly lender in xxx". state location.

Would you word it "Please vacate the property by xxx".

After a short time and not wanting to take a chance of insulting him I said I will give you xxx amount.

If you don't do this then the house is not insured if you have a claim because the policy covers the named insured and the seller does not own it so they can't be insured and then you are screwed.You need to get a limited power of attorney from the seller giving you authority to do anything to or for the property.You need or should get a seller disclosure acknowledging that understand the due on sale clause and are accepting the risk.There are a few other doc's I do to cover my butt but won't go into those here.I always get an email from the seller with some language that says- here is my login and password to xxx bank.

A simple word document that says tenant will perform the following work in exchange for $XXX in compensation.

I don't think the answer of "Yeah, I did $XX,XXX amount of work for myself and family estates this year" would fly with any banks, you think?

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