Rent is classified as non-interest income, specifically under the "Additional Noninterest Income" heading.

Btw, a purchase and sale agreement (not a lease option) that provides for delivery of a deed in less than six months is not classified as an executor contract under existing Texas law or the new law.2) Rent credits should be not used after Jan 10 2014 due to Dodd Frank.3) Buyer gets the deed when title conveys and existing financing is paid off (loan is approved.4) Some states like NC make it difficult to evict, and they need to have some kind of foreclosure.

In Ohio, it sounds like our county auditor is like your assessor - they classify, document, and record the taxes and ownership on all property.

I'm not in the area, but I would check craiglist or your local classified ads and call up and get a few quotes..

There is an investor here in DFW, "Kathy Buys Houses" that has been in the classifieds in the paper for many many years.

If I had caught it I would have classified it.I didn't mention it to ruffle your feathers or argue with you.

VRBO's policy is that every person who advertises a property for rent on their site (as well as on Homeaway.com) should perform their due diligence to make sure they are complying to all local, city & state regulations as far as short-term rentals go and taxes.VRBO is an advertisement site and just like you don't have to prove you are authorized to sell or rent anything in a classified ad, the same is true on VRBO.

I do plan to live in one unit so it classifies as owner occupied.

as that will make a big difference to the strategies (we) used also need to be careful it doesn't get classified as a 'holding compnay'

Your best bet is to list it on Craiglist and other similar classified websites and other means of advertising to your buyers.