In contrast to the naysayers, here are the opinions of three major players in the residential housing market: Click here to view.A recent article by Teo Nicolais, a real estate entrepreneur who teaches courses on real estate principles, markets, and finance at Harvard Extension School concluded that the next housing bubble may not occur until 2024.The article,  How to Use Real Estate Trends to Predict the Next Housing Bubble looks at previous peaks in real estate values going all the way back to 1818.

I have an extensive banking background, so it was not difficult for me to learn how to do bookkeeping but I had nevertheless an expert setting up my basics in Quickbooks for the kind of business I run.

Or should I print up a lease extension and note the new changes on there and have them sign that?

Since the sale transaction took place in 2017 it is considered a 2017 transaction and therefore we recommend that taxpayers file an extension OR complete their 1031 exchange prior to April 15th.

I highly recommend you file an IRS extension (google it if you're not familiar with the concept) and then let a professional help you after the tax season.But if you insist on hacking it yourself...use Schedule Creport all incoming rents as gross income, line 1report what you gave the owners as line 2 "returns or allowances"accounts receivable (assuming you use the term correctly) is rents you have not yet received.

The closing attorney should be able to create the HUD and in many instances they can also create these documents for you.

File an extension and learn from your previous mistakes about vetting professional.

.§2-2 The Property Manager shall not deny service to any person due to race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity.Article 3: RESPONSIBILITY TO CLIENTWhen working in a disclosed relationship with a client, the Property Manager shall protect the client’s best interest at all times.STANDARDS OF PROFESSIONALISM§3-1 The Property Manager shall use written agreements, and written extensions, if required, outlining all responsibilities and fees, if any.

The tenant claims that he is not well mentally but avoids all my attempts to meet and sign a lease extension. 

So in this instance, if you didn't use hard money but instead got a note from a family member with terms to pay back after refinancing/selling, or make payments after the property became rented.. where does that fall?