Build a strong criteria and screen every applicant.

See instructions to Part IV of Form 3520 for more information.Reporting RequirementsYou are required to report the receipt of foreign gifts or bequests only if the applicable threshold is exceeded.

They have been receiving applications but of those, he only approved 2 applications.

If I were in your shoes I would explain to your tenant that anyone not on the lease cannot reside in the property long term and inform them that the person will need to go through your application/tenant screening and if they meet the requirements they will be added to the lease.

The best way to avoid having to source where the funds came from is to deposit them 3 months prior to the application. 

For actually sending out letters, input everything into excel, and then use microsoft office's "mail merge" feature to merge the applicable house / contact information into your letters. 

When you have your own business, you want to make sure that you are capturing all the applicable expenses that you incurred.Below are some expenses that agents incurMLS Access fees, E&O insurance, travel, desk fees, advertising, business gifts, etcBeing in NY/NYC, an area with the most difficult state tax laws in the country, you also want to work with a professional who understands your state tax laws.Best of luck

Check your 401k policy of course, but for me there are no closing costs, application fees, or other associated fees.  

Another thing is Zillow didn’t find any of this on their application background check.

In our area, the county has a web site and they open up applications every couple of months for about 4-5 days.