Hi All,I am under contract on my 3rd acquisition in 2018, so I have yet to actually file a tax return with rental income on it.

Security deposits and escrows are highly regulated by the real estate commission.  

The LLC will give some protection, but a healthy amount of insurance would also be an option, especially for your partner.As for forming the llc, that is easy enough to do in Georgia - it is $25 for the name registration, $100 for the filing and then $50/yr for renewal.https://georgia.gov/popular-topic/corporations-llc

This doesn't seem to be too unreasonable, especially if you secure debt with a 10 year balloon payment.

Once they get 1% of landlords revenue I could see it going up to 2% ,3% in the next years .On the related note San Francisco is also proposing an additional tax on businesses for the homeless . https://www.cnbc.com/2018/07/17/san-francisco-to-consider-tax-on-companies-to-help-homeless.html——OAKLAND — As the Bay Area struggles with an alarming homelessness crisis, voters may soon decide whether to force Oakland’s biggest landlords to pay up to help house the city’s most vulnerable residents.Oakland Councilwoman Rebecca Kaplan wants to impose an extra 1 percent annual tax on rental revenue that exceeds $200,000, and use that money to fund homeless shelters, help homeless residents secure permanent housing and clean up the sprawling encampments that line many of the city’s sidewalks.The city needs more money to tackle the problem, and collecting it from Oakland’s biggest-earning landlords makes sense, Kaplan said.

Greetings!I've been noticing in my city that newly listed home are having penning contracts super quickly. For instance, in the morning when I wake up I would check the RE websites such as realtor.com or zillow.com. I...

Do I have the seller file to evict? 

It states if our first loan was declined we would have 90 days to secure the money .

You can also verify them on the FL Security of State website.

If she wants her portion of the security deposit back just make the new tenant put the same amount up.