Originally posted by @Steven Hamilton II:Unless these are vacation rentals being leased short term such as by the week they go on Schedule E.Steve I believe you are thinking about income that is derived from operating a business and you are providing services such as daily cleaning.

For example, if I purchased an industrial warehouse that sold widgets and the value that we derived for the property was $2,000,000 and I then managed to raise $400,000 from a total of 20 folks who were solely interested in a debt partnership with my company.

@Steve Babiak  thanks Steve I thought so too.It was so confusing at the time and sounded to good to be true.. that I actually hired a top law Firm in Jackson MS to give me an opinion paper that I could as  RE broker and HML who derived 100% of my income from being a RE professional that buying new construction rentals in the GO Zone would allow me to take the section 179 election.Did  the same thing with airplanes in the day... but recapture is a beotch.

One thing ignored by  a simple comparison of purchase price and sell price is that some of the sell price was derived from capital improvement expenditures.

This is better diversification since I know more about real estate than derivatives:). 

Each office was barely the size of a cell occupied by a convicted felon & we referred to them as 'sensory derivation cells' even to the point of registering that terminology with the corporate mail room.

After examining income capitalization methods and formulas, you will learn how rates and multipliers are derived.

The point with metrics is you need to understand what they mean, how they are derived and what is meaningful and what is not.

Hi Thomas,First, regardless of whether you own in your personal name or LLC, you really should have all of your properties on a commercial property form master policy type policy, with an agency that is licensed in all 50 states for many reasons, not the least of which are convenience, incrementally lower premiums, receiving some coverage you cannot obtain on a "personal" lines policy and really because anything used to derive income is considered by the IRS to be a "business" exposure, just to name a few.Pricing and structure of course vary by carrier and there are less than a hand full out there that can structure things the way I've suggested.Hope that helps.Ivan

@Trevor Mauch I get what you're saying in regards to the value being derived from lead conversion and SEO.