Quote from @Carl Rowles: We signed the lease on Black Friday.

We are full-time investors ourselves (I'm Director of Acquisitions for a private equity firm); and our income comes from our investments.

(i) has not attained the age of 19 as of the close of the calendar year in which the taxable year of the taxpayer begins, or(ii) is a student who has not attained the age of 24 as of the close of such calendar year.Here, in black and white, the law specifies that the determination is made as of December 31st and applies to the entire year.

I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.

I could show you what we are doing although this is the last week...I am looking for a tenant if you have a good one.

If anything, we are seeing unprofessional operators get weeded out by the laws and competition.

We are running into a roadblock of him getting approved for a loan.

I would agree if we were talking about financial statements, but as I understand it, we are talking about tax basis reports.For tax purposes, one can use a modified cash basis when filing.

Right now they have some cute but a little wild boho looking curtains with orange, teal, gold, black.  

It would definitely be fraud if this was the case, a recent post from an auctioneer talked about this exact situation, where they said the auctioneer was liable (different bedrooms/type of home example you don't have to read it) States would differ though and it doesn't seem black and white. https://mikebrandlyauctioneer.wordpress.com/2022/07/12/no-li...I do agree with you that it could very well lead to being burnt, however.