In general, when you are self-employed (not a w2 enployee) and actively work in your business, you report the income and deduct allowed expenses on Schedule C.

PM us for more info, but in the meantime read more advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Ralph C. 

I see sponsors calling C class areas B class, but that doesn’t make it so.

If you have nicer rentals A thru C+, you can attract good tenants and good tenants generally prefer stability.

Quote from @Shawn Morey: Originally posted by @Ryan C.

Are there any B and C class safe neighborhoods to recommend?

so really there asking if you pay the electricity, unless the unit comes with no a/c. then the answer would be no. lol

A/C is an exact item, I have never not once had an HVAC tech say "well, let's try this and see what happen, then maybe this and see, then that n see". ....demands id that everything is fixed right away.Uh-huh.

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.