A HML may care especially if they require an assignment of rents on the note and what satisfies them will vary since the sophistication of HMLs varies widely.

has anyone hired a full-time contractor on payroll to handle repairs on rental property?

-OnlineMake sure you indicate that you will be needing to file quarterly payroll taxes.3.  

I'm not as sophisticated as some, so don't mind admitting that any attempt to estimate HCAD values in this case would be folly for me; I'm curious to see end result for the tax year, even before the sale. 

She said that is just how her employers payroll works.

.), sophisticated real estate investors are continuing to utilize DSCR loan options after maxing out on conventional financing options or simply finding it’s not worth trading the time and hassle of a bank qualification for the slightly lower rates.The previous article outlined the basics of how to best position yourself as a DSCR loan borrower to get the best rates and terms on your DSCR loans.

Rentals are easier - 99.99% of the time you should avoid corporations (C or S).However, profits from flips are subject to self-employment tax in addition to ordinary income tax.Depending on your situation, an S Corp could benefit you but you have to weigh the costs (separate tax filings, payroll costs, possible reduction or loss of Sec. 199A deduction, possible higher annual fees/taxes, etc.) vs. the benefit (avoidance of self-employment taxes on a portion of your profits).My advice would be to consult with a tax professional and attorney first to ensure you're setting yourself up correctly from the beginning.

We would like to flip down the road as sophisticated investors, more as a profitable passion.

Originally posted by Jim S:From what I have seen, it involves a fortune teller and a deck of cards :D Not all banks are that sophisticated Jim.

You can further discount the cash flows to NPV and base your IRR on that for an extremely true picture, but one that's extremely sophisticated and nobody does :)Hope this helps.