As a general rule, real estate shouldn't be put into an S corp or a C corp.

JPM&C is owed $71k (mortgage and interests) and the condo LLC is owed $15k.

----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

We ALWAYS require a full month of rent for SD, but we also lose a decent amount of S8 applicants who can't come up with it.3) Delayed Advertising for Vacancies:- It is VERY difficult to arrange showings on occupied rentals, especially if Class C or S8 tenants!

1099 C is an interesting question ask your accountant.. note holder asking to be paid off . this is just a negotiation.. you offer what you want to offer and they can accept or deny. 

Hi,How does one find "quality" equity investors for class B or C small multi-family real estate?

What areas would you consider Class B, C, and D neighborhoods?

@Nathaniel C., Closing costs and commissions are costs of the sale and do impact your net gain. 

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

You can make an election under IRC Section 469(c)(7)(A) to treat all your rental real estate interests as a single activity -- an election to aggregate them all.