Message from RentRedi:"ACTION REQUIRED:You must agree to the new terms and conditions to continue processing rent by October 7th.I have read and accept the Stripe Connected Account AgreementConfirmRentRedi is updating our payment processor to Stripe.

And if you account for vacancy you may be losing more like 20k/year.

Finally, accountability is key, as we take ownership of our actions and results both individually and as a team, creating a foundation for trust, growth, and long-term success.

Cherry South Bend INCurrent Property Status: This asset is sub-performing, which means the borrower is due for July, and foreclosure is to be referred next month if the account is not brought current.Syndication: Scottsdale REI - III - XXVIProperty Address: 172 Carlson St, Westbrook MECurrent Property Status: The borrower is currently in foreclosure, and the Fair Debt Collection Practices Act (FDCPA) letters have recently been sent to the borrower.Syndication: Scottsdale REI - III - XXVIProperty Address: 13959 465th Ave, Wilmot SDCurrent Property Status: Scottsdale was required to issue Service by Publication.

You've now become a mediator between them.I assume you prefer not to have the utilities and water accounts under your name.

- then get with an accountant and discuss whether it makes sense to convert your LLC to an S-corp.

Be aware of who you interview as your accountant.

Your prior question was shold I use my W2 income to pay down (aka you mean what you have saved in your checking account?).

And the net cash proceeds are what go into your 1031 account.  

I would discuss this with your accountant.