Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

But, then those two sold properties can be used for comps making the BRRR method more viable on subsequent properties. 

I rented to ACU students and used the rent by the room method.

Quote from @Kevin Hoover:  Input needed for least tax methods of unwinding a family partnership in the next 13 years. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Seeing a lot of borrowers have success across the country, especially with the BRRRR method and the AirbnBRRRR methods! 

Hi Pixel, Check out this article about how DSCR loans play into the refinance part of the BRRRR method.

Direct communication with the builder has been the most effective method in my experience.

By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.