Furthermore if you are looking for a team that knows there way around and has a lot of muscle in Detroit feel free to message me.

It all depends on what types of income you have and how it is declared.  

Also to note; this house is only a few miles from our primary residence but in a different zip code so figuring out which home to declare as primary and which to be the investment home is also a confusing part.

Some are well positioned to digitize legal and declared cash.

You'll want to review the HOA declarations to ensure rentals are allowed.

It seems that tenants are protected from eviction at least until January 2022 if they file with the court a New York Hardship Declaration unless the landlord can prove the tenant is creating a safety hazard or nuisance.If anyone has heard otherwise, please do let me know.

I think one of the most important muscles for a new real estate investor to develop is the ability to ask the right questions.

The other owner declared herself the mailbox owner in residence - and sorted the mail each day, even delivering it to the next door neighbor.

My parents decided they wanted to move into it and are now renting it from me.My question is would it be an advantage to declare this as a rental for tax purposes?

They are your eyes and ears to the marketplace and should advise you on the differences in the forms. 4) ALWAYS read the first 15 or so pages (declaration pages) of your policy to confirm it is what you need.