It's a bit of a gray area, so it's important to clarify how your activities are structured and reported.

Not sure how you structured our lease but i would move on if no monies have been paid.

., structuring it as an installment plan if needed).If you can’t find an individual investor, you might look for a property management company or real estate investor group that specializes in STRs.

This year, I finally made the leap and purchased a duplex and a SFH, all rented, all cash flowing beautifully, but have a question in regards to business structure and setup. 

Is this is a size thing (company just needs to get bigger/have more equity), or perhaps a business structure issue, or should I be looking at different financing sources other than local banks?

-AlexYou’ll be able to qualify for the tax deduction and the Like-Kind Exchange based on how you structure the deal, but yes to both possibilities  

 Congrats on finding a deal and being able to structure seller financing.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

So he continued to concentrate on his property investments while periodically updating his book.In 1968 one of Nickerson’s followers, Robert Allen, had some success modifying the Nickerson formula to include structuring real estate purchases with no down payment or capital contribution on his part.  

If you had a private money lender, how would you structure a deal with them so you both win?