At HIS Capital, we collect payment for third-party services such as appraisals, background checks, and credit reports.

Consulting with a tax professional can provide tailored advice to navigate the tax implications of this arrangement, ensuring both parties understand their reporting responsibilities and maximize tax efficiency within the tenants-in-common framework.Hope this helps!

A prudent step for sellers prior to listing would be to verify with their lender whether the mortgage note is assumable (transferrable) to a new party.

By definition, recourse is where a lender has "recourse" against a party or guarantor on a loan.

If I listed a property for sale for 100K and one party offered 85K no inspection, 7 days blah blah.

Further to add on to this I was mailed out a check for my previously owed rent from one unit and check was drafted Sept 1, 2018 I received it last week and when I deposited I get an alert from my bank as well as a call that the check is no good as the party doesn't have funds in it and my bank can only try again to cash the check again on October 1, 2018.

Other benefits here also.Finally... the best advice I can offer is to use a third-party underwriter.

I may be late to the party but we handle property management all over Riverside County.

You should not have to do anythingThe onsite manager shows and rents apartments, oversees third party vendors like, maintenance, landscaper, pest control, pool.

What strategies should I employ in these negotiations to ensure the partnership is equitable and beneficial for both parties?