ORGANIZATIONAL DOCUMENTS ON THE BORROWING ENTITY: They will need* Filed Articles of Organization* EIN Letter from the IRS* The fully-executed Operating Agreement for the Entity (By Laws for a Corporation)* Meeting Minutes Showing the Signer has the Authority to Sign and that the project has been approved by the board of the entity. * Certificate of Good Standing for the Entity DRIVER’S LICENSES FOR EACH GUARANTOR: Please be sure to get a legible picture of the front and back of the document.

I have contacted The Authorities and I will let them Folks handle the situation properly and thorough. 

While reviewing the landlord registration forms, I saw a remark stating that if the property owner does not live in the same county as the property location, the owner must choose an in-county representative to receive official documentation on their behalf.

To get operating costs: Most places the city water authority will give you 1&2 year averages (as will the gas and electric companies to determine other landlord provided utilities); your insurance agent should be able to give you a pretty close per door quote on insurance; you should be able to call the current trash provider for a price.

But lots of ppl in Philly rent rooms in their house without this official designation, so not too sure how it works.As for leases, try googling "PA Standard Residential Lease".

Building positive relationships with neighbors and local authorities can support your venture and help mitigate potential conflicts.Financial Considerations: Evaluate the potential costs and revenue associated with renting out camping areas on your land.

The book is in the bookstore on BP and will officially be released this Thursday the 28th and it is packed with information on how to protect your capital investment and make sure you handle things legally and thoroughly.

"Ted Lanzaro: is a CPA, author and speaker specializing in taxation for the real estate industry.No, there is a three part test - do you have basis (probably yes because you put &’s in), can you qualify as a RE pro (yes), did you materially participate in the activity of the entity (no - this is where you fail the tests).

He also brags he is a best selling author on amazon but he cheated the algorithm with amazon by making his students buy his book on a specific day and hour.

An enrolled agent (EA) is a tax professional authorized by the United States government to represent taxpayers in matters regarding the Internal Revenue Service (IRS).