And, if you're guaranteeing a loan, you'll need to disclose.Also, one piece of advice: if you go the note route, your lender will likely want a history of payments or evidence on your tax return before they recognize the full income from the note.

It really is a very powerful program and requires hours of operational time before you can make it dance.QB is good only if you own the property, know how to force it to recognize rents, automate the billing monthly to track rents due and are familiar with expense billing.

If you are a creditor you can be on the bad end of the BK plan, however typically housing is not on that side since people usually have to live somewhere and BK code recognizes the on-going payment requirements of housing to a degree.

You a property owner recognize that you don’t have the expertise so you hire a separate property management company to run your rentals.

I personally wouldn't risk anything in an a unproven vehicle.Series LLC's are only recognized in some states and there just is not enough case law on them yet so they are not the best choice as of right now (in my opinion).

Obama is too much about compromise; he's working too hard to keep those on both sides of the aisle happy and doesn't recognize this is an impossible task; ultimately, he is just causing gridlock and wasted time, effort and money.Here's the problem I have (and I'd bet a lot of other people also have) -- I tend to be a lot more fiscally conservative than the current base of Democrats and a lot more socially liberal than the current base of Republicans, so people like me need to make a hard decision -- vote for the party that seems to not mind a growing deficit/debt (despite what they say) and is doing what I support socially, or vote for the party that seems to want to control the growing deficit/debt (despite what they actually vote for) and is clearly against what I support socially.It wouldn't be too hard for either side to sway people of my situation...here's all either party would need to do to sway enough moderate voters to easily win the White House:If the current crop of Bible-thumping Republicans would check their Conservative Cheat Sheets and remember that being Conservative means less government intervention in our lives, not creating more laws to force a single religion's morality on the country, I think a lot of people like me would be able to put the social issues on the back-burner long enough to at least listen to their fiscal plan and give them some consideration.And if the current crop of bleeding-heart Democrats would use their common sense to recognize that if you don't pass a budget for multiple years straight, fiscal responsibility probably isn't high on your To-Do List.

After a few years of being around this stuff, one gets desensitized to the threats and recognizes that what sometimes seems like bad news can be good.

Most flippers do not become Brokers because they recognize the liability after serving 3 years as an agent.

My CitiBank credit card download it's not being recognized by QB (and support could not figure out why).

You are the one signing in all three places, so if you are cool with it.....I myself would be concerned about the SC DOR putting two and two together and recognizing that a homestead exemption is being claimed on a home that is being rented/depreciated.