Which IRS Form do I need to generate and give to my investor friend so he can deduct the $3000 on his taxes and what IRS Form do I need to generate to report my $3000K income on my taxes?  

Only reason to do an open house would be to generate new buyer leads.

I lost power for a day but I have a generator so was back up and running pretty quickly.

While it’s not passive income like stocks, buying value-add properties in OOS markets has been the best wealth generator I’ve found.I also own a property management company and brokerage in Birmingham.

I am hoping to roll these two into one loan and reduce my monthly payment/ interest rate on the HELOC as I will be having the debt long term.I also currently own a 11 spot RV Park which I own all 11 units and is currently generating $10,375/month in rent.

All Homevestor franchisees are good at generating leads (they have an excellent marketing template) but like most wholesalers they generally stink at any "after sale" service like helping with tenants, repairs etc.

The comps of actual listings and how much they generate is way more accurate in my experience

Have you noticed that your social media videos actually drive conversions, or are they just generating views?

So a typical (around here) 1 year lease's fees would generate {.5X + 11(.1x) = 1.6X}  Divide that by 12 and you get an average of 13.33% of X per month as the LTR property management fee.An typical STR fee would be 25%, but there should be more vacancy.

I think my interest is in being my own boss immediately but I’m concerned about not generating enough capital soon enough to really get this going.