It still produces about $20k in cash flow after debt service at the new Buyer’s purchase price.So the question is how do you navigate this?

Repeated quick flipping of houses, short term rentals (a services business), certain venture capital and things of that nature will generate UBTI.Passive forms of income such as interest, dividends, royalties, rent from real property, and the sale of an asset held passively over time will not produce UBTI.

CCR if that is an issue these have to be produced by a title search and if its like many East coast states that takes time.. its not like our WEst coast title plants that can get anything that is recorded in a matter of hours e mailed to you..  

Am I locked into this partnership and only claim half of the cash flow this property produces or is there a way I can buy back their investment and claim all of the cash flow?

At least in my experience, the year-end reporting that Cozy produced for tax purposes did not always have the most accurate and complete data.One major plus for Innago is that you can set up and sign electronic leases, including reusable templates, as well one-off documents for electric signature completely free.

This path could produce a world of hurt. 

If they are operating compliantly they should be able to produce one.If you are texting manually, you can use this as a loose guide. 

Obviously live-in flips aren't for everyone but it's a great way to turn your liability into an income-producing asset.

Most expense tracking apps will produce such reports for you.10.

I always caution my clients not to buy based on the appreciation, but instead, base your return off of the income that the asset produces for you I.E the CASHFLOW and principle paydown ROI %.