You would need a new EIN, and this would trigger the filing of a new tax return.

However, that would mean he would forfeit his security deposit.

I also suggest having them help you craft an a straight option agreement as well.Make sure it's clear you have no intention to buy the property but you are selling contracts as a business, and doing this without a real estate license, you're now selling securities without a securities license as well.

In the past I have sent rental contracts to a potential renter who was stationed in Korea, did a walk through of the property via FB messenger video chat, ran background checks with TransUnions Smart move, collected security deposit via PayPal and emailed the tenant the code to the lock box that had the key.

I have 10,000 saved from off the book jobs doin security.

I was doin security and party promotion b4 this.

In Arizona, What documents must I complete if someone is selling me their rights to file a claim as my own, but this claim must be file with the Unclaimed Property Unit in the State of Arizona, is for an Unclaimed Property Excess Proceeds account which the State of Arizona already has it on file as abandoned property.

We will be relocating to our new primary in about 2 months.We are installing a security camera system for the property. 

For when that little thing needs tightening, scraping, filing, whatever.

You just came through a messy divorce situation, so don't jump into a bigger mess by taking on the risks and responsibilities of owning real estate until you're on a better, more secure financial foundation.