Thank you @Michael S. and @Michael Ewers!

Our short-term residential investment property loans are typically 60-80% LTV and all are personally guaranteed by the borrower(s) -- we pull credit, background and PFS on each guarantor, verify experience, verify liquidity, underwrite the property, neighborhood and zip code.

Then pay them a fee for finding the deal and pay them 8-10% of rents to manage the rental(s).

I have the same dilemma and can't find a rock solid tool without spending 100's of hours building mine...much appreciated.

Or am I just SOL and need to file a partnership return and issue K-1's to each of us?

So, tell a story of how you (or a fellow wholesaler) helped a seller out with their challenge(s).

You can ask (if it's not obvious) what the nature of the disability is and what task(s) the dog has been trained to perform.

https://www.biggerpockets.com/forums/51/topics/1122635-the-s...For 2024, it will be a mixed-use personal/vacation property on which no losses are allowed at all.

Once you have some leads coming in, you'll start to see patterns in what kind of traveler is looking for your place(s).

Unfortunately most CPA's have not lived through more realistic income tax bracket environments such as the 50s 60’s 70s and 80s……so what I’m saying here is not something that most investors, business-owners, high net worth families, or REI investors are thinking about.