It is case-by-case.If it is portfolio income, it is reported on Line 5 of your partnership's K1, and there is no self-employment tax. 

There are always 2 sides to the story so it's nice to see when the service or product provider can show proof, etc...As you have seen with me first hand over the last few weeks.I've always believe in learning from mistakes and only blaming myself when $#@% hit's the fan.There is enough free content available online for everyone to study.You will only truly learn when you start doing.Thanks

First you have to determine if you want to go Lead Free or Lead Safe.

The most cost effective and safe investment you can make to cover your 50K debt and still use the same 20K capital to increase the value of your holdings is invest in short term fx government treasury swaps.

My 3BR rents range from $1,425 to $2,000 which shows why it is almost impossible to give you meaningful rent data without you being more specific.At this point, I wouldn't discount the online systems such as Zillow so much.

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

If you feel the need for non-recourse, could it be the deals you are doing are not as safe as they should be?

Recommendations for career transition include speaking to agents, exploring brokerage firms, taking classes, and using resources like books, podcasts, online communities, and mentorship.Good luck!

People have cars, they work from home, they don't want to look for parking, and they want to feel safe.

If there are items you need to replace and they are less than $2,500, you can take advantage of the de minimis safe harbor election, which allows you to deduct those costs in the current year rather than capitalizing them.