This new law may help homeowners who would otherwise receive a 1099.

He violated the code, at least in the Commission's opinion, and was assessed a civil penalty.The first link Ohio Realtor posted has the text of these regulations.

Here are some of the things that I do for them:Prepare and update budgets and timelinesPrepare or review vendor contractsMake sure W-9s, insurance certificates and lien waivers are receivedAssist with preparation of due diligence itemsOrder surveys, appraisals, inspections etc. and make sure they are received on-time (or sooner)Review and prepare closing documents for signing (after received from the attorney)Coordinate closing with broker, real estate agent, title company, lender, etc.Full charge bookkeeping including A/R, A/P, FinancialsPrepare and submit draw requests to Lender's for payment of contractorsThere are a lot more things I can do for local clients, such as meet contractors to receive bids, check-in on remodel sites, etc.Usually the REI's locate the properties and do comps themselves.

the additional $47 is for the increase of rent-Month to month lease -8/31 received a notice that the rent was being raised beginning 10/1/07 (notice hand delivered by LL on 9/2) (does this even meet the 30 days notice requirement??)

Joe would be able to take all of the tax deductions associated with the loan if he made the actual payments and Mike would not receive any tax benefits.It is a very risky thing to do.

You received your notice.The landlord could care less about your clothes.

The party giving away ownership is the grantor (they are granting title) The party receiving ownership is the beneficiary (they are benefiting)I know others have different views on the protection (or lack there of) a land trust may or may not provide.

However, I told her that if she decided to throw his stuff out that I would change the locks for her (since I didn't want the guy to kill her).A few days later, I received a call from the tenant.

Yes, when I am dealing with a homeowner, I make sure to explain the benefit they would have by selling to me and to not receive a 1099.

The main challenge I see is to convince the seller that you are a good, well organized investor, who will take all the burden off of them, giving them regular guaranteed monthly payments, while they continue to receive all the tax benefits of ownership, during the term.