Title report, confirm utilities and zoning etc. 

Therefore a partnership return will need to be filed and each partner will get a K-1 reporting their share of income.Each investor will then report that income on their return.Taxes will be calculated based on each partner's tax rate.Best of luck.

We use this along with NY fed report on delinquencies and track bankruptcies as well.

If you know of any online forums or organizations where I can learn from others and expand my network and knowledge on wholesaling or getting my first deal, I’d really appreciate any recommendations Thanks in advance for your help!

Lurking as I'm in a similar scenario IF I sell an owned property currently being used as a rental in my home state.Ill apologize in advance for hijacking the post but wanted to keep this public for others' input too.

They aren't looking for 10% returns and they probably love the idea of getting some cash legally out of Canada.I got into Costa Rica because of the country (it's awesome), what's happening to real estate prices there and in the US (they are nuts here) and the amount of development that's happening around Potrero, the technology advancements in the STR industry, proximity to the beach etc.

I would suggest having a project manager on each flip, having contractors report back to you knowing that you are out of state is very challenging.

Thank you in advance.

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.