Unfortunately as good as TurboTax and other online softwares are, they don't always pick up the most beneficial items with rentals.

Prior to the 1986 Act, real estate investors were able to offset their rental property losses against their active income including w-2 earnings and profits from businesses.

Wondering if you have any particular online companies you recommend that checks evictions, credit reports, collects rents, provides a lease, etc... all in one place. what are some of the pros and cons you have experienced with each company. thanks

Beyond these details, I’m excited to dive back into the basics and beyond—open houses, expired listings, online marketing, and more.

Its not just about how much wholesalers earn as much as it is about their practice.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

You need to make sure your product isnt directly competing with all the new construction units tbh at have come or will be coming online soon. 

I feel my largest use will be online rent collection as well as tenant screening.

Newspapers are dead and bringing them all online has only lessened the true journalistic impact which is why you see good writers writing about stuff they just reviewed, but do not know.