The income requirement was $6000.

Warning: this exception applies to corporations only.

(income = 3 x monthly rent, Debt-To-Income, etc. can still be used!)

Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?

My goal is to leverage that equity for additional income.

They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS.

I would suggest getting another full-time job for the time being and investing/doing STR on the side until you can fully and comfortably replace the income that you would be receiving from your job.Is your LTR in need of repair?

I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025? 

Plus, they have a ton of information and videos on their site.TMC is the CDC (community develop corporation), which the SBA delegates their authority to. 

It's simple enough to make a row for income, and another for expenses, and then subdivide those expenses, and add them up in the total expenses cell and then subtract the gross income from those total expenses to get my net.