:Excellent share, Danette.People often assume (or claim) short-term rentals earn a lot more than long-term rentals.

I formed the LLC, and then was notified that since I have an FHA, I could not quit claim deed the property to the LLC.

I’ve had 2 x $30k plus claims and both were handled without any interaction on my part. 

No doubt the ocean / beaches are world class, but we bought into a community with the developer claiming that the govt owned a lot of property in front of us to the beach that would be preserved due to it being part of some protected area.  

Lots of claims -- none of them work. 

@Darren EadyRBC, BMO and TD all claim to provide mortgages to Canadians purchasing property in the U.S.A. thought their U.S.A. subsidiaries while enabling the Canadians to use their income and credit in Canada to qualify.We went though this dance with TD a few years ago and in the end, borrowed the funds in Canada from out business line of credit as the interest rate was lower.

I currently am claiming these expenses on form 1065 line 20 (Partnership return).

I would bet this tenant had trouble with a past landlord claiming she didn't pay or on time or something like that. 

These are really good properties in very nice areas, How do you recommend going about talking these owners in to possible selling they're homes for what they own in taxes before the city claims it anyway.These comps are like $140,000-$175,000 for these houses, Is it even possible to get these properties under contract for only what they owe in taxes to wholesale then to hungry buyers, maybe even offer them at most $20,000.

Filing old quit claim deeds is basically circumventing foreclosure laws, a matter that is popular with attorneys representing a buyer.