Keep records of the payment timing to substantiate your reporting if needed.This post does not create a CPA-Client relationship.

They paid their portion of the rent.I have found a lot of investors bring their personal or political feelings into the investing conversation. 

Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck. 

I bet you were floored when the person ordered every package you had to offer!!

Hello. I just put my house for rent but I’m not sure where to do background check and what exactly look for when doing them. Can you please share what you use it would be great. Thank you. 

Gordon is the owner, I doubt whether he could completely hide behind his LLC to protect personal liability. 

If you and another person own a piece of real estate as tenants in common then you both own real estate. 

I’ve met most of my partners through in-person events because it’s easier to get a feel for someone’s personality and long-term vision.

They do require that person to have no assets, so a house in her name could be problematic.

Over time, we’ve developed a strong relationship with the Housing Authority across various neighborhoods and ZIP codes.