I followed up with an e-mail of the pictures post-tenancy and that was the end of that.

e=pnKjwj<... have started writing letters to parcel owners to make them aware of the issues generally and a QR code for photos of their specific projects.

(e-commerce company that was looking into bankruptcy last year, mastermind businesses, putting on broadway type musicals, including one about Neil Diamond) Their website is fairly opaque as to how they generate their profits in order to pay note investors the very high yields they offer, 14-23%.

Quote from @Evan Polaski: @Jay Hinrichs, while I wasn't going to call them MLM, I did attend an Armando Montelongo (A&E's Flip this House from mid 2000's) seminar at a hotel conference room in 2007 or 08, which was the free funnel to spend $1,500 for a three day seminar or $25,000 for an in-person mentorship.I have seen similar promoted with Christina and Tarrek from Flip or Flop more recently.I didn't start realizing how profitable education can be until the last 5 or so years.  

Perhaps the SFR market is overvalued now and 1% rule is just a simple valuation tool like a P/E multiple in equities telling people to stay clear.       

Rental income would be reported on Schedule E, and these write-offs could offset other income if you qualify as a real estate professional.

And like any big money making business maybe 1 out 25 or so does anything that could be deemed successful the others just sell their books and tapes on E bay for 50 bucks.

Click link for more info.Join me at In Person Real Estate Meetup https://meetu.ps/e/LsW9D/8pT3T...

The commercial loan should go on your personal Sch E of your tax return too, if the property is used as a rental, where the mortgage interest paid will show.

For example, you may have one account for 5 different properties in 123 LLC and in another account, you have all the E main st LLC properties.