They will also send you an email status update each month as they pay the bank your mortgage payment. 

If/when the IRS finds out (and they will), they can fine and penalize you as well as him for failure to report.First thing to do is to check his license status.

The legal status of the PM is that of the owners agent.

Provide regular updates on the loan status and any changes that may occur.

I want to start out doing assignment contracts because of my financial status and would be easier to work with.

What is the status of this post?

Laundry list of deferred maintenance, looked like total slumlord status:   I cancelled escrow today.  

I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.

In order to qualify for real estate professional status, you need to spend more than half of your work-related hours dealing in real estate directly, or more than 750 hours during the tax year.

It's whatever makes sense for your financial status and lifestyle.