K Smith, I'm sorry, but the lack of punctuation and capitalization makes your post very tough to understand.

Forgot to mention if the people you gave a mortgage too have anything of value to lose (credit scores,etc.).You can mention that you can pursue them for a deficiency balance if it forecloses etc. and come after them for money owed.

I had to laugh at Jon K. post which is the honest brutal truth..at my personal residence.

Originally posted by K.

The points I make of waving a deficiency judgement and less severe hit on credit report are mute to them because I believe the deficiency will be waved as part of the bankruptcy and their credit is shot with bankruptcy anyways.Any pointers on some benefits to explain to them to make them want to do a short sale?

Originally posted by Uwe K.

Originally posted by K.

Return of Partnership Income. http://www.irs.gov/pub/irs-pdf/f1065.pdf and include Form 8825 Rental Real Estate Income and Expenses of a Partnership or an S Corporation http://www.irs.gov/pub/irs-pdf/f8825.pdfYou will then prepare the 1065 and while doing so will prepare a Schedule K-1: Partner

., and Will Barnard (looking forward to that looong drive to OC my friend); and also my thoughtful sis K.

I would agree, K.