Her work in this way again is not influenced at all by if it is an LLC in her name, your name, or both - it is based on actual hours worked.IF and AFTER you meet the above tests, you need to prove that you materially participate in your RENTAL trades or businesses, generally this is at least 500 hours per year, but there are other tests as well.If you qualify for all of the above, now you can use tax losses from rental real estate to offset W-2 income. 

For new hosts looking for ideas, here are some rank boosting tips!

I have used Credit Rent Boost... they offer their service to all sizes of landlords. 

Weddings, corporate retreats, and special events might help fill those slow months and boost your revenue during off-peak seasons.6.

Florida, for example, is popular with retirees and seasonal renters, which could influence your rental strategy.5.

These neighborhoods are usually less risky than C Class areas, but showing solid comps, market trends, and your plan for value-add improvements will boost lender confidence.If you need any help with financing options, structuring deals, or putting together proposals, feel free to reach out→ I'd be happy to assist!

I've never owned an ADU and I'm concerned about how it'll influence the primary which I also plan to list and rent. 

These are critical aspects that can influence not only your budget but also the overall feasibility of the project.However, if you’re looking for a lower-cost value add, turning the shed into a high-quality storage space could be a solid first step.

Impact of Debt & Financing DSCR: Heavily influenced by debt structure (loan amount, interest rate, and loan terms).

So I started $60k in renovations to boost rents.