So just be sure that this doesn't qualify as offering significant services which would change you tax filing status.Usually if you refer a guest to a boat rental place or whatever and get nothing, it isn't an issue, but sometimes when offer the ability to book something like a chef, it can be construed as significant service offering.Double check with your tax pro just to be sure.

Five months into the loan, the hard money lender filed a notice of default because the borrower stopped paying their mortgage with that lender. 

Its unfortunate that Scott has had so many suits filed against him.

Bravo & congrats on thinking this through for the long term in filing your taxes with the income on there so it qualifies for ongoing income in the long run!

Use the title company or closing attorney to draw up the contract, amortization schedule, and file the lien.

Going out to Alabama means you’ll have to file state income tax there—pain in the butt for $200/mo.A buy box that makes sense for your investment goals.

I believe since you opened the LLC this year you had 90 days to file with FInCen, and from what I read could have hefty fines and a felony.  

Went through the process (Notice to vacate, filing, etc).

Winning bidder then stands by until the crier is done then the 2 to 4 people that bought property that day from the crier go into the coffee shop or other local sit down place and the crier fills out a receipt for your funds which includes your vesting .. you hand over your Cashiers check and your done.. the only way you get your cashiers check back is if the owner filed a VERY late last second BK or some other problem with the sale.. 

Here is the link: https://leg.colorado.gov/sites/default/files/images/committe...