@Les Jean-PierreYou just have to prepare Schedule E as you normally would.

Owners need to learn to look past the score and focus on what is inside the credit report - late pays, active collections, judgments, repos - anything of that nature spells D-E-A-D-B-E-A-T.

To be honest I'm not very familiar with TurboTax, but if answering Yes to that question automatically generates a Schedule E for that property, you should answer it No. 

Stewart Title recommended a $250-300 product similar to an O&E "owner & encumbrance" report that they could then insure... does this sound good?

I already  have all of my income and expense information for the rentals in Excel laid out to match Schedule E.

Don't know much about this neighborhood in terms of quality, but as far as I know pretty average.House 2: https://www.redfin.com/WI/Eau-Claire/862-E-Grand-A...Foreclosure. 

It is my understanding that you CAN exchange from sole ownership to a fractional interest, but there are rather stringent regulations (https://jordanramis.com/resources/articles/§1031-e...)4.

Realtor Link: Link to Realtor.comProperty Address: 996 E 4th St, Pomona, CA 91766 (East of Los Angeles) Property type: MFR (fourplex) with 2/1, 2/1, 1/1 and 1/1 (built 1938) Property size: 2,536 sqft (living) and 6,008 (lot) Listed Price: $799,000.00 ($315/sqft) on market for 41 days Actual Rents: $4,270.00 ($1,270 + $900 + $1,050 + $1,050) to section 8 tenants Assumptions: - Strategy: House hacking.

My bank never charges for them.. but because we do so much wiring and they do this extra work I don't mind paying 15 for a wire.. but I get a lot of extra service that no other bank would do.If I am running I can e mail them closing docs they will have them printed out for me..

You can purchase what is known as O and E (ownership and encumbrances) from a title company.