Check out your local landlord-tenant laws to make sure you are following proper, legal procedures. 

Productivity at its finest.

Many of the things we learned in the service have helped us, such as developing systems and procedures. 

What are the procedures when someone moves?

Now that you've gone through this, have you set up any procedures prior to buying the property to avoid this?

But, if audited, it will be very difficult to defend.The correct procedure is to get the contractor's SSN (have him complete Form W9 and verify against his SS card) and warn him that he will have to pay taxes on everything he was paid in 2018, including cash already paid to him.

This is where many new landlords get in trouble for not following procedure do what they "Think" is correct..

Lien laws are state specific and have Very specific procedures to follow in order to file a proper lien, and specific forms to use fir notices and filing a lien.Your contractor should be familiar with the requirements. 

I believe you'll find this to be one of the finest resources available for improving your real estate smarts and skills.First off, you're referring to a "subject-to" transaction, wherein an investor purchases a property that already has underlying financing on it by leaving that financing in place.

The person or entity who succeeds John as a representative of the estate will have the title of an Administrator CTA.Surrogate’s Court Procedure Act – SCPA § 1418There are typically three situations when an Administrator C.T.A. can be appointed: First and foremost, the decedent has to have left behind a last will and testament.