Hi James, I've worked at an A&E firm for over 10 years - all I can say is it is very local as far as time frames and costs go.

For 1st 5 years, monthly PI would be $5850; current  average gross rent income is $9800.A couple of notes:  Prop 1's income is on a schedule C, not E since income up to now has been from short-term rental (2-4 month occupancy). 

I am going to assume if I do make this transfer, the property will appear in both my Sch E and LP tax forms in the year this is performed.

Industrial properties are seeing positive numbers because of e-commerce, buildings are in high demand.

He charge a monthly fee for this client for bookkeeping as well as some aspects of property management, i.e. walking checks to the bank.Back before ObamaCare, I was paying $1,500/month family health insurance which I cannot easily deduct off my schedule E.

improvements, plans, permits, rent rolls, schedule e, T12, proof of deed, homestead address, mothers maiden, lol whatever you can get

the  rental income for  present and  future rental income  can be  counted to a certain degree  ...so this should make your  dti ratio lower ......in most cases  rental properties will   cash flow  positively  or at least  break even   from a lenders  qualifying perspective  ...fyi - lenders  will use  your schedule E  for analyzing rental income  for properties  owned for  more than 1 year

@Lynnette E.

For real estate rentals, it's still reported on Sch E of my tax returns.

Rich Dad, poor dad, e-myth, millionaire real estate investor, you name it.A little background on meI went to NYU for engineering.