When the rest of the house is put "in-service" as a rental, you would have more depreciation expense.

Anthony -  thanks for the question … I would recommend that you  contact  your bank  and whomever else you want ...using the same  exact  scenario and questions - outline / ask  whatever questions you have ...maybe gets some  basic  quotes ….once these  conversations are  completed - make a  decision as to whom you want to use for the  pre approval/ pre underwritten process ….. the FHA  product is  very homogenous and  shouldn't  be too much different from one lender to another ….. the  customer service might make a difference

Overall the house has great bones but it will take a few grand to complete the punch list of items needed to remedy: radon mitigation, surface mold in attic, slight leaks at a few easily accessible spots in the roof, electrical service work.

Most yard work is just sweaty.Repiping the house, new electric panel and service, foundation retrofitting, HVAC repair, pouring a new driveway, tree work, exterior paint.

To keep things simple, we stay consistent with our percentage ownership in everything and that is reflected in our K-1s.For additional work I've done for our LLC, we will pay me "management" or "services income" and I get 1099's at the end of the year.

Anyway, here's a couple companies you can report it through: Rent Recovery Services and AOA Debt Reporting Service.Good luck.

I own a business its a full service janitorial and lawn care company.

Thank you for your service.  

The reason why I'm posting this is that there should be a legal database that's accessible in PA.You can try this webpage: https://www.lexisnexis.com/en-us/home.page.For me (and other investors) there's no need purchase leads from a lead buying service..

I’m thinking about providing a cleaning service and lawn care service with no choice, to ensure the property stays up to par.