Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

None of the documentation you have signed/e-signed so far is binding.  

But, if you are not a professional REI, one adjustment I would make to what Katie wrote is that you would report the income (and deductions) on Schedule E (for rental real estate) since it is passive income, and you wouldn't use Schedule C. 

We've long been beneficiaries of logistics/e-commerce but we're becoming a serious tourism town as well.

years ago I would sign up for a few but I found I dont want to be on a list were deals get sent to 200 people get the same e mail..

Although I plan on having a title company run a title search and run and O&E report on any property I plan to bid on, I've still spent a lot of time understanding the typical foreclosure property due diligence- looking up the owner and property details on the PA site, looking up the various public records, liens, etc. and trying to understand the chain of title as much as possible.

. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

https://www.eventbrite.com/e/b...

Im actually personally considering a purchase in either N GA, E TN, or W NC/SC

Here is the link:https://fb.me/e/4h7qmYL9Q