You'll simply pay the tax on it's share of profit.   

Whether you're a seasoned investor or new to the scene, exploring the potential of mid-term rentals could be your next strategic move.Call to Action:Are you considering expanding your investment portfolio with mid-term rentals, or do you have insights to share from your experience in this sector?

Another appealing aspect of this property is that it includes a house currently occupied by an older couple.One major issue is that the house and the neighboring property share a well.

Question: Can you just put the money together and have them share the first mortgage?

I'm using sites like airdna to help analyze deals but would like a little tip on how to navigate local licensing (if needed or not) and how I could maybe start one in Madison specifically what hoops I need to jump through?

Hey @Tom Pubins - I would highly suggest using www.hemlane.com they syndicate to many different sites and have a very clean platform to manage tenant screening. 

Would you mind sharing what is the average return on their funds?

Based in Atlanta, Georgia, I've dedicated over a decade to transforming the real estate sector, leveraging my expertise to not just predict market trends but to create them.Why I'm Here:To share insights, forge lasting partnerships, and drive a paradigm shift in how we approach real estate investing.

They were using on-site Rent Manager software.

Last year we had a client in Ohio which needed us to be on site for half the year.