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Your check will come in the mail.It fairly straight-forward process.Hope that helps.

We love helping sellers around the country connect with investor buyers and potentially retail buyers with the goal of creating win-win-win scenarios.

I'd be happy to connect and see if there's any way I can help!

Since you're considering renting out the condo in 3-5 years, refinancing could help reduce your payments later.

Hi - BP has been a tremendous help so far, so I thought I would try out this new question. 

Happy to share insights or help however I can, no matter where you decide to invest, or tell you more about Chatt!

I’d be happy to help you out.

If you need help with a loan or anything else, feel free to DM or email me!

Otherwise, it’s treated as a partnership requiring Form 1065.Get an EIN (Employer Identification Number) from the IRS (free) for tax and banking purposes.Separate personal and business finances by opening an LLC bank account and keeping rental income/expenses distinct.Consider an operating agreement, even if not required by state law, to define ownership and responsibilities.Liability protection: An LLC helps shield personal assets, but you may still need landlord insurance and an umbrella policy to cover lawsuits and unexpected claims.Tax strategy: Rental income typically passes through to your personal return (Schedule E).