While you may be at b/e for cash flow, at the end of 5 years you have 40% equity in the property if 0 appreciation.  

E.

Originally posted by @Lynnette E.

As far as the reporting goes, the rental income and losses will most likely be reported on your Schedule E - speak with a tax professional who has expertise in real estate.

You would be wise to spend time learning them so you understand what your responsibilities are and how to protect yourself. https://justicecourts.maricopa.gov/media/vd1pcl32/info-llt-e...Start the eviction process immediately for failure to pay September rent.

And what I find out is there is no context to them folks dont take the time to explain what they want.. also on the form i get from BP it cuts off the e mail address if its a long one so I cant even e mail them back..

My Rental Schedule E would show rental income, expenses such as tax, insurance, repairs, etc and property management. 

That's a great book, I think it goes long well The E-Myth by Michael E.

I've had such a good experience with the Section 8 tenant at Property #1, that I said multiple times via e-mail months ago to Section 8 that I wanted to go "all-in" on Section 8 properties and build a whole portfolio around it.Now the issue is that Section 8 is super particular about making sure you have all your paperwork and permits in place before being allowed to onboard Section 8 tenants at your property.

Quote from @Derrick E.: Sounds like a headache.