Most landlords are collecting all their rents and flippers are selling houses in record time.

Does anyone have any advice on the feasibility of not classifying the property as an investment property to depreciate or write off expenses such as furniture, dishes, insurance etc, & just collecting monthly rent on your property for a regularly classified home?

The security interest Borrower grants includes all accessions, attachments, accessories, parts, supplies and replacements for the Collateral, all products, proceeds and collections thereof and all records and data relating thereto.So one could argue that a ladder or your printer that is company owned could not be sold or transferred without contacting the SBA for permission.I think at the end of the day, as someone said on another post, that if you make you payments till the loan is paid in full you will likely never be audited.

@Yolanda W Cuevas we use cozy.co to collect rents.

Collections have taken a hit but, getting units rented has not been an issue.At least in WNY

Our software prorates the 1st month but we collect rent in full and the credit works itself out on the 1st of the following month.

You may want to consider asking a Property Management Company for this information.The asset management fee is its own separate fee that is collected from the GP managing the property.

When you invest in the stock market, you sit back and collect a dividend, maybe some appreciation, and decide when to sell.  

(Name gets you social media)  When you tire of the game, turn the debt over to a collection agency.Goal:  teach them a lesson and get as much of the judgement as you can.

Like when they collect, when they send out a late fee notice, and when I can expect payment to my account.So the first Addendum starts with "The following terms and conditions are hereby incorporated in and made part of the", the box that was checked said "Other" and they only listed their company name and requested that their name be added to the liability insurance.