I have been using Avail for the tenant interface side of things (marketing, rent collection, etc.) and using Stessa for my accounting and record keeping.

Quote from @Robert Rixer:  Have you heard of the installment method of income tax accounting.?

Involving yourself in their drama or documenting it with a police report doesn't change the level of responsibility.I would remind the tenant they are responsible and ask them to use the next three weeks to repair any damages.

Our current focus is working on 1-4 unit fix and flips, but eventually work towards being able to refinance properties and keep and cash flow them.My question is  tailored on the the way I should structure our relationship for the legal and tax base purposes.Should I secure the deals under my business and pay my partner out of my business operating account?

I'm currently living down here but all my financials (assets, bank accounts, income, tax filings, etc) are in the US.

Our company is very much involved with the MD investor market from Baltimore to DC suburbs to the Eastern Shore, so anybody looking to talk contracts/terms, networking, JVing with other investors, and now it sounds like more attempted anti-investor legislation... feel free to connect.

As it was said earlier, the seller has already negotiated the commission for the sale of their home regardless of whether there is a buyer's agent involved.

. ($50K sales price, 5K lost rent, 5K in commissions and closing costs)Account Closed has a good option.

I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank account with my new S-Corp tax ID #.

The real question is - will the government get involved if they feel this will discriminate against buyers with less income, veterans, or other protected classes.