If you have more than one person owning hte LLC, then its automatically a partnership and each person gets a K-1 which shows the amount to report --- in the same way. 

And now that we are "post-corona", there will be some shifts. 

I used Zillow last time (Free in AZ) and the post was automatically populated to their other sister websites so we ended up getting interest through multiple sites, but Zillow its self was the most productive. 

Realtors will always tell you you need a realtor - that is their source of income so you can automatically ignore their responses to this post. 

I have to do it annually for my commercial loans with personal guarantees.I would guess it is a boilerplate request, since typically taxes are due April 15, so they automatically reach out to all borrowers that have not already submitted in May. 

So, is it automatically a sign of someone with bad credit?  

It just shifts debt from one to the other.Don't get too extreme in your attempts to save tax just to save tax. 

Now with COVID19, we might be looking at a shifting market.

So can I do an automatic withdrawal from his Social Security for his rent payments?

Even though it’s family, treat it like a traditional business deal...draft and sign a promissory note, record the note as their having the 1st deed to the property so that they can be named as loss payee on the insurance policy, just in case.Also, something to think about on both ends, buying and selling to family, you should pass the commissions that you would be paying to an agent along to any family member who is buying rom you, or vice versa...automatic 6% discount, as that money would have gone out the door anyhow.Best of luck!