if the answer is “yes” what resources are available to an individual to make sure I stay compliant.I know the big one is being 62... does this apply if the lender is a private party and not an institution.Thanks for the help!

I called a few loan brokers in FL that were recommenced to me and they all told me the HELOC would need to close in an individual persons name.

Hey Everybody,Question here about what to do in the situation where a garage space had been rented to an individual for storage, no lease, not a commercial garage just residential, hand shake agreement.

If he charges 500-600 for a partnership return and an individual return - you are getting one hell of a deal if hes doing everything correctly.If the LLC is a disregarded entity - i think the price is fair.

I have used sites like zillow, realtor.com, and craigslist as a reference but prefer something that lists past rental listings as well.I've considered rentometer but know its based on average/median rents so a lot of apartment complexes are included when I am more interested in SF homes and duplex rental rates.Thanks!

I am looking for insurance company (preferably Allstate as they are cheapest in my case in New Jersey) that does homeowner's, landlord, and auto in NJ, VA and MD.

If the property is owned by a single-member LLC treated as a disregarded entity, and you own the entity 100% (and you are a nonresident alien for US tax purposes), then yes, you would report the activity on your individual income tax return (1040NR) which will use your ITIN.

I wouldn’t be devastated if I lost money, but I’d obviously prefer to guess the market correctly and make money.

I don't do individual appointments anymore for reasons you mentioned above.

I prefer the tenant to know I'm the owner and am offering a nice place that I'm going to maintain and that I'm not going to take any BS.