It will show wear faster than just about any other floor treatment except really cheap carpet.If you go with the $3 per square foot you haven't spent much on it.

Not just one ethic group either - it is truly an immigrant destination.

I meet with pest control company for a bedbug treatment at another property.

Also, is it ethical to wholesale a property that doesn't meet YOUR standards for a flip/rent to sell to a buyer you think may have an interest in that property?

If the LLC pays for the medical treatment, or if a lawsuit is filed and settled, can the payment be deductible since it came out of an LLC?

Aside from the fact that it was a bummer it ended up this way, is this ethical???

At some point it may make sense for your LLC to elect S-corp treatment (rather than straight pass-through) and pay salaries, in order to bypass some self employment taxes.

If this experienced investor is willing to match your investment and split profits evenly, then that is a massive vote of confidence in the ethics of this individual.

From a rather ethical point of view, we hope everyone considers an upgrade to their membership as consideration for the free advice.

@Dion Depaoli - well we would hit them for their rent obligation where they are living however my scenario to my head UW was assuming Jason is living rent free with a relative or parents whether that is true or not its just a hypothetical.With respect to your scenario above if a borrower is to purchase a NOO property we're able to use 75% of gross rents to "offset," the debt service PITIA payment.If the income using this formula is positive its added to income if the net is negative its considered a monthly obligation and added as a liability to qualify for in the DTI.Fannie Selling guide is public you can find it on page 347 of 1319 where it talks about the treatment of income or loss when dealing with rental property.