Do you suggest file 1065 or be treated as disregarded entity on schedule E. 

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

I’ve been contacted by the Angi company but I’ve read a lot of negative comments regarding how the treat their contractors.

In all reality, if you apply your screening criteria equally, and treat people with the respect and dignity they deserve (no matter where your rent money comes from), it's not an issue. 

Friendship and business don’t always mix well, so it’s critical to use a solid lease and treat this as a business arrangement.

Attached to this post is Ja Morant and Desmond Bane delivering treats to our floor for the holidays!

It also gets treated differently in Texas vs CA vs AZ.

Selling below FMV treats the difference as a gift, requiring a gift tax return (if exceeding $19,000 in 2025).

The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.