Wanted to sell more but didn’t want to trigger the reporting but requirements. 

Too many investors get stuck in the mud and never pull the trigger.

I can massage the data in several different ways and view the properties on zillow/realtor/redfin to see what condition they are in.

Hi, I'm Junie Joseph and trigger shy.

You will be out the cost of the appraisal though, so it is really better to ensure you numbers make sense before you pull the trigger.

If RMD's or other income will trigger tax on other beneifts on SS. 

If you'll be financing the property, it looks like the Feds will be raising rates once more before the year is out, so it might not be a bad idea to pull the trigger sooner rather than later.

Don't ever pull the trigger on a deal because you're afraid of losing out.  

We eventually would like to transfer our property into a formal LLC structure, but aren't ready to form the entity yet.Facts:Property Type: SFR 3 bedrooms Friend/"partner" or co-signer: To provide initial down payment, cover closing fees, etc.Me/spouse: Provide the deal, live in (owner-occupied), manage the property, find the tenants, rent the extra bedroomsProfits: Agreed upon splitFinancing: Seeking FHA with low down payment or similar option with my husband/me as the borrower, friend as the cosigner and initial down payment provider (to be reimbursed 50% for our share over time)Questions:1) If we operate similar to how partners would in a legal partnership, would the appearance of our partnership activity cause us to trigger a legal entity/1065 filing requirement? 

We've considered expanding out to a couple neighboring counties as there are a few markets we'd do very well in however we haven't pulled the trigger yet as the distance would be a major issue.