The decision to use Schedule E or Schedule C for reporting rental income from house hacking can depend on various factors, including the nature of your rental activities and how you've structured your rental business.Schedule E is typically used to report rental real estate income and expenses for individuals who own rental properties as investments or passive income sources.Schedule C, on the other hand, is used for reporting income and expenses from self-employment or business activities, including activities that are considered to be actively managed.The interpretation of the tax code and the determination of which schedule to use can vary based on individual circumstances and the tax preparer's expertise.Your tax preparer may reference relevant sections of the IRS tax code, such as IRS Publication 527 (Residential Rental Property), IRS Publication 334 (Tax Guide for Small Business), or other applicable publications and regulations.Factors that might influence the decision include the level of involvement in managing the rental property, the intent to generate passive income versus active business income, and the structure of your rental business (e.g., sole proprietorship, partnership, LLC).Ultimately, it's essential to work with a tax advisor or accountant who understands your specific situation, goals, and the nuances of rental property taxation.

The section stating, 'This home is meant for families...' was directly influenced by local regulations. 

DSCR lenders make their own criteria, often influenced by conventional loan criteria but for a cash out refinance on an investment property you can get out cash out on the new appraised value at 3 months.

So ideally software to manage the process would be idea.  

I am starting to build out a site to help with an agent's lead collection and online brand. The lead collection will be done with an online form the agent could leave open on their iPad or laptop for individuals to fi...

Yes, it is 5 or 6% for commission Realtor fees, but don’t let that influence you on its own . make an offer that you believe to be fair for both of you

Hey BP Community - I am currently researching portfolio management software that would essentially replace spreadsheets or Google Drive folders.

Hey BP Community  - I am currently researching portfolio management software that would essentially replace spreadsheets or Google Drive folders.

It's not a cheap property management software though, but it is very good.

My property management software creates it for me. book.suprcap.com