They will need to file a partnership tax return, and each owner will receive a K-1, which will include their individual SSN.

The individuals that broke in did the following:    a.

It shows individual gains and ROI over a 30-year period, which helps identify which factors provide the highest returns and make informed investment decisions.In your case, even if you're not cash-flowing in the first year, since the negative cash flow is minimal, I’d still go for it.

He called locksmith which cost 350$.Now, tenant wants me to deduct the amount from the monthly rent.Generally speaking , whose responsibility is this?

I appreciate the response!

Dylan’s quick response and willingness to go out the very next day made all the difference.But not every story ends that way.

They’ve been very responsive and seem to have done a great job screening and placing tenants, which took about 6 weeks (keep in mind I’ve not totally rehabbed the condo, older kitchen, bath and carpet), so renting out took a bit longer.

Since the Internal Revenue Service (IRS) doesn’t consider child support taxable income, I would not consider it in the rent calculation unless you have a HUD-specific home.According to hud.gov, “[rental property] owners must count alimony or child support amounts awarded by the court unless the applicant certifies that payments are not being made and that he or she has taken all reasonable legal actions to collect amounts due, including filing with the appropriate courts or agencies responsible for enforcing payment.”So, does child support count as income for renting?

If you provided the tenant the HOA rules & regulations prior to moving in, then I think they should be responsible for paying the fine.

Is it in partnership OR Individual tax return?