If you and your wife file a joint married tax return then that property is being reported on your combined schedule E. 

E.

@Giovanni Luna Who would I talk to to get permits, license plus A&E?

I could provide a move-in document that would have tenants e-mail me for non-emergencies and phone # for more urgent matters.On top of it all, I figure I can always just hire a PM at if this isn't as easy as I think it is... 

The wife and I are looking at this property tonight, not as a rental, but as a potential new primary residence for us and our children:https://www.zillow.com/homedetails/12161-E-French-...It's not perfect for our family style, but it does have a nice amount of space. 

You would still report your rental in the personal schedule E and your wife’s activity is still reported on schedule C. 

Again, it's taking the guesswork out of it and putting it right in front of the investor and adding value.Finally, the E in DIE is for equity.

@Charles BrownReach out and I will e-mail you a template.

(e) The tenancy terminates, including the right of possession of the premises, as provided in subdivision 3.Subd. 2.Treatment of information.

Thanks for the shout out @Ryan E.!