You can even plan vacations that are written off if using the sandwich method by doing work on Friday and Monday for real estate and the weekend is there so you do vacation stuff so all lodging and travel can be written off. 

I rented to ACU students and used the rent by the room method.

Quote from @Kevin Hoover:  Input needed for least tax methods of unwinding a family partnership in the next 13 years. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I thinks what I’d prefer to do is use the BRRR method and have rental properties.

The other method is to use a “safe harbor”, i.e., the specific procedures laid out by the SEC in Regulation D.  

Yes i am in the Bronx market and looking into closing on a 2-4 family unit property. i am currently looking into different methods of creatively funding the deal and looking into partnerships to create capital. .

Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.

Hi Pixel, Check out this article about how DSCR loans play into the refinance part of the BRRRR method.