@Beau Shaw I see you are in Orient...where are you focused....If your agent is an investor, you should have very solid financials and comp reports run...and much more...so making the decision to move forward should be very clear...either it makes sense or not.

View report Need help with this deal.

Nonetheless, I’m waiting on the contractor to send all of this in a report to the HOA, and to also pull me in.

View report*This link comes directly from our calculators, based on information input by the member who posted.This looks like a pretty good deal to me if I could stay on budget.

They are responsible for filing the form 8824 that reports the exchange and transfers the basis from your old property into the new property and sets the new depreciation schedule.

(MLS Report) This inventory increase may be correlated to the recent decisions of the FED to raise rates.

A 1099-C reports Cancellation of Debt Income (CODI).

How/ what systems are other using to take application, collect application fee payment, and run the background/ credit check report?

If this is the case generally you would report your flip activity on Schedule C of your 1040 and any net taxable income from the flips would be subject to self-employment taxes on Schedule SE.Encourage you to work with a tax CPA/EA this upcoming year if you aren't comfortable DIY.

View report*This link comes directly from our calculators, based on information input by the member who posted.