This log will be invaluable in case of an audit.3.Grouping PropertiesWhile I’m not an expert in international tax law, my understanding is that you can group all your properties together for material participation purposes.

I'm not familiar with TX law.

Context matters, and there are steps you can take to protect yourself while still giving applicants a chance to prove their reliability.ALTHOUGH, still stay compliant with all of your states Fair housing laws, Always.

Read a text on real estate principles, law, and finance.  

Federal law.

But, now laws are much stronger, identity much more difficult to hide.  

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

I must abide by the law and trust that mandate enforcement occurs even though I don’t see signs of it.

Once you commit to this, it can actually be quite rewarding to provide housing to tenants.For contract renewals and rent increases, the first step is to familiarize yourself with local laws.

I do not want to stretch into California due to the Landlord laws and taxes.