Thankfully we are still working but unemployment claims across the country are at record highs and this is my tenant pool.

If you are a contractor/1099'd you will need to file your own claim.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris scam and/or Morris Invest scam for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

In this way, who can work, usually goes & gets a job, & is found out, as filing for a false claim for SSI,-----------------------------------------------------------------------------------------------------------------------------------------------------------As I understand it, from how it was explained to me, in 2013, if I went section-8; then I would not be able to choose, from section-8 applicants, for who I would accept, & I would have to take whomever they directed my way.

Just out curiosity how would you defend that from claiming it's commingled funds/assets ? 

 Scott,We have "quit claimed" two properties from our names to the LLC in which we are 50/50 members.

If i claim bonus depreciation on it this year or next, does the depreciation recapture get reset on the bonus depreciation (since it does not include land value) after i tear it down? 

Check the CLUE report for insurance claims? 

@Breanne LemonsIf it was a standard purchase and is held by borrower then cash out is acceptable within 6 months with some Non-QM lenders.Restrictions occur with quit claim deeds or if property was legally awarded.

Will a quit claim deed remove me from the title and the mortgage in North Carolina?