Each year by January 31, you or your bookkeeper has to total up how much you have paid to each person and issue each one a 1099, which is a simple statement of that total amount with your contact information as the payor. 

But, that leaves the mortgage in your name whcih I see as a layman leading you into issues with co-mingling and alter-ego...So, learn how to properly operate the LLC to maintain your corporate veil.One common loan being used is dscr. 

I think you may have your understanding backwards as a very common strategy is for people to contribute to their 401(k) through their employer to get the full match, and then roll those contributions into a ROTH account at the IRS maximum per year (currently $7k).

  :)Financing for FHA and VA  will evolve to address their issues. 

There are two reasons why a property doesn't sell: Price and Marketing (or more commonly the agent).If you feel like you have been marketing the property well, then it is the price.Land is extremely difficult to sell.

Not sure about Indy market, but foundation issues are relatively common in 1800s homes.

Hi Matthew, Remember, navigating legal issues with tenants can be complex, so it's crucial to proceed cautiously and seek professional legal advice when necessary.

Building a network of experienced individuals can help you learn from their experiences and avoid common pitfalls.Set Clear Goals and Take Action: Define your investment goals and create a plan to achieve them.

While the IRS allows this, it is a taxable issue.

If so, that will be an issue, unless there is a specific bank loan that keeps the note in their portfolio and is okay with the condo being non-warrantable.