Nephtalie, While many of my friends will disagree - I don't mean to be a "Debby Downer" but.....Representing a mortgagor(ower) to help reduce/modify a loan with a Mortgage(lender/bank).  

Then if your MAGI (Modified Adjusted Gross Income) is greater than $150,000, then you can't deduct the SchE losses against that income.

You'll record the interest as an expense and the principal as a liability (see a CPA or bookkeeper for more details).If you are concerned about making interest payments during the flip, you can modify the terms of the loan with your father-in-law to accommodate.

This would be the only reason they need to approve the change in title, if they modify the mortgage. 

Always remember that.You could do one lease, and then modify the lease later.

Change the properties of QuickBooks1.Right click on the icon for QuickBooks.2.Left click on Properties.3.Left click on the Compatibility tab.4.Check the box next to Disable display scaling or Disable Fullscreen Optimizations on high DPI settings.5.Click OK.6.Open QuickBooks and check to see if the windows are visible.NOTE: If the user continues to have issues with their QuickBooks installation, refer them to QuickBooks technical support.REFERENCE:QuickBooks Knowledgebase Article ID HOW13289 - Correct QuickBooks display issuesArticle ID: SLN297931Last Date Modified: 09/20/2017 12:30 PM

The 10 year maturity date is where the HELOC will modify into a different product all together. 

I would draft my own contract or have my attorney draft the contract or modify the one provided by the contractor to include the following:Detailed scope of work, start date and completion date with penalties for exceeding the completion date without prior written permission.

While a lease is for a set period, the lease would continue on a month to month basis unless either party gives at least 30 days notice to terminate, modify ore renew.

@Jay Hinrichs - I agree with @Travis Rasmussen’s suggestions but modified to accommodate for the 30-day minimum.