Having a few rental properties is just a basic return with 4 schedule E's.

Because is was telling them how it was.. and I helped a lot of Aussies dodge some big bullets.that's why I wrote my E book on out of state investing.. it was for the AUSSIE audience but its germane to US buyers as well I give it out for free.. its the stuff no one tells you about.

It is nice to have a debit card for any online payments.Our experience of late is that Fidelity and E*Trade are not opening accounts for IRA owned LLC entities. 

e=u200k can get you 50% ownership in this beaut if you found a solid local partner. 121k net leaves you with a 60K takehome on your 200k investment.

.#1 thing I see landlords get wrong is Schedule E box 2, "Fair Rental Days."

Off-post/base BAH is usually reserved for E-5 and above which will better ensure a respectful tenant. ...if not, you’ll have their CO’s contact info.

Originally posted by @Josh E.

So, in general financing for STR's with traditional financing (in my experience at least) goes off of previous tax history (schedule C/E) only since you will have no lease to go off of. 

@Lynnette E. that’s a good point on the flooring (not to mention the doorways).

If I start selling Turnkeys within my LLC, that is, buying a property, fixing it up and selling it within a couple of months to an investor, is it Schedule C or is it Schedule E?