What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself?

Looking for advice:We just closed on our first sub-to deal as end buyers (woo hoo!). We are responsible for the mortgage as of January 1 - but it's come to our attention that they stopped paying it back In October 202...

They took 3 months to file for the permits despite having all my paperwork in less than two weeks.

Should I get a LLC in place prior to swap/paperwork?

lol it was a lot of communication and laying out upfront what we wanted/needed from the deal and then making sure it was all written out in the paperwork.

Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.

I love sub-to deals and have done many of them as well, but there are risks and they need to be done with all the proper docs & paperwork. 

My attorney ask if I wanted to go ahead and place the notice in the newspaper and he would file the necessary paperwork as far as getting a court date. 

Read your mortgage paperwork for the due on sale clause. 

It can simplify end-of-year paperwork, but you’ll want to confirm the details with a tax pro.3.Long-Term Game PlanPaying out of pocket and keeping your medical receipts can be a great strategy.