However, upon transferring it back to your dad, the basis is not relevant anymore.In the end I would highly recommend you reach out to a tax professional here to get this sorted out.

You're covering the obvious listing sources: Airbnb and FF.

At the end of the year, he would file a tax return and get the withholding back from the IRS after paying capital gains on the 15% withheld amount.

I had friends some years ago that in a condo put in high end appliances, it was a chef and his wife, so think $20,000 stove, sub zero refrigerator and top end dish washer.

I need some advice on the following situation.I am sorry for asking such a basic question, but unfortunately, I am still new to this and never dealt with this type of scenario before.I have a single family home that is part of an HOA.My main goal is to protect the asset and avoid any potential financial loss as much as possible.The current lease agreement states that the tenants are responsible for mowing the grass.They are also responsible for paying any HOA fines, etcUnfortunately after multiple attempts to get through to them to cut the grass, the grass was never cut and the yard is getting worst and worst.They also refuse to turn on the sprinkler system which is causing the grass to slowly die.

The lease ends 09/30/2024.  

This is going to sound sacrilege but I think you should get a W-2 job in real estate based on your end game of wanting to be a developer I would look to work for developers, custom builders, surveyors etc.

And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!

I know @Randall Alan mentioned the time it takes for ACH to clear but those deposits that the software deposits into the account can be taken back if the fund end up not being there. 

However, it's not specifically designed for real estate or for property management aspects so you would have to note balances of tenants manually on the back end.