Johnathan, the previous owner was an individual in PA. 

Only if somehow you had your clients write each of you a check, then the two of you are running individual businesses. 

Hi BP - need your help with this situation:- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)- Property C: The last property was held in Acme LLC with FOUR, different partners then transferred to our names individually upon refinancing because lenders wouldn't lendQuestions - Gotten conflicting answers on all of these1.

Property A, B, C: Do we have to file three separate partnership returns or can we just file individually?

I have an individual who wants to do owner financing rent to own on a property in Cleveland.

All units  are individually metered for water and electricity bills.

As the saying goes, money talks. in the floor plan, its a 4 bedroom 2 bath. one of the bathrooms is located in the master bedroom(not uncommon for most houses), leaving the obvious issue that the other three individuals would have to share a bathroom in the house.  

Covet your thoughts. https://www.zillow.com/homedet...Purchase 105kDownpayment 25%Interest rate 4.2%Initial repairs/updates 5kWill need new AC and roof within 5 yrsRent 1100-1200 (sought after school district)

I know it depends on the individual /family MAGI, but what is the limit, slabs and does any other factors involve here ?

I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.