Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

I tried several, but it didn't seem to work or click for me.

But I mostly became an agent to use the mls as a tool and it’s been a very powerful tool for me.

.: Hopefully you guys can help answer this for me...... 

Ownership Structure - I found the LLC to be the best way to go for me. 

I buy property and have had many agents work for me. 

This is very much a learning process for me 50% rule, 2% rule so on so forth.

I will be managing and will be paying a real estate agent friend to show the properties for me.

There are so many forms in the lease packet, that this flood disclosure doesn't even get noticed.

By "Tax Loss" I mean that it is likely that without depreciation your property is cash flow positive.If you Materially Participate in the management of your portfolio of rental properties, that loss will be treated as Non-passive, and will flow through to page one of your Form 1040 tax return.