If they do so while owing you money, you (a) may get that debt owed discharged, and (b) they may or may not be compelled to move out of your property.

The entry-level Quickbooks Online software itself is expensive $250/yr... that's not even adding up potential books/courses, CPA fees or personal tax filing software like Turbo Tax.

Which would be the best way to structure this while avoiding tax charges?

Hi All,I have a question for those of that are tax savvy.

They love saving on fees and taxes and love you for it too. 

(They have already put me in touch with a service)- they have an outside vendor that will collect taxes for usThe rep for my area has been very helpful.

Hi ST King,The price increases with insurance and taxes has certainly cut back our cash flow on many of our properties, but fortunately rents and rental demand have been pretty strong going into 2024.

I'm mailing to tax delinquent owners.

On the other hand, STRs present higher income potential, flexibility in pricing, and potential tax advantages, but require active management, adherence to regulations, and may entail unpredictable income.

Minimize your taxes, because lending outside of a retirement plan is not at all tax-efficient.