You have to complete Schedule E if you have rentals.You should check if the turbo tax premier version allows the filing of Schedule E.With that said, using a software like Turbo Tax will assume you to understand what is deductible.If you work with a tax professional, you are more likely to have an accurate return.

welcome. would love to connect when your time allows

Most companies I’ve found require all tenants to be on a single lease, which doesn’t fit my plan.If anyone has recommendations for a PM company that allows individual room leases, I’d really appreciate it!

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

Also check into bylaws to see if you are allows a second freestanding dwelling on your property.

If you took DIY possession, was it legally allowed because the property was abandoned, or was it illegally obtained and doesn't mean anything when it comes time to file a quiet title lawsuit.If legally abandoned, that means the owner is gone, has no intention of coming back and no intention of ever doing anything with the property.

These properties cover my mortgage, allow me to save for maintenance/repairs, and are projected to be worth $7–9 million by retirement.

., Massachusetts) don't allow us to leave alcohol in our Airbnbs...

The platform allows simultaneous advertising on RentRedi, Realtor.com, Zillow, Trulia, and HotPads.

What's the lowest credit score you will allow?