S&P500 index is propped up by about 7 companies that make no material value with P/E ratios of about 3% for the market average.

You can't deduct travel expenses before identifying property because you report every rental activity you already own on Schedule E.

https://www.redfin.com/OH/Cincinnati/17-E-Mitchell-Ave-45217...

All the fine print came in subsequent e-mails.

They e-mail me their background check from the hospital, or I have them complete one through tenantbackgroundcheck.com. 

Do not bank on setting a new neighborhood record on $ / sqft - be conservative in your numbers.I am looking at 5 E Freeman st Newnan Ga We are going to do a 4/3 the price is 140k with rehab budget 57k ARV 285-300. 

@Kegan SchollI am partial to Florida given I live here but I have house hacked for the past 6 years and it fundamentally changed my life, you are on a great path for success.

Quote from @Pierre E.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

It fills out your Schedule E to send off to your CPA every year!

.: Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses?