@Nick BokowyI recommend finding a tax strategist who specializes in real estate taxation.

Regarding your first question: the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

Hey @Sun Casper, the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

@Neera MelwaniI recommend finding a tax strategist specializing in real estate taxation.

@Nallely TrejoI recommend finding a tax strategist specializing in real estate taxation.

Seeking guidance from reputable professionals specializing in real estate taxation is crucial to ensure compliance and optimize eligibility for REPS.

Property Taxes, Insurance, Management Costs, etc.)With either method of taxation, foreigner investors must have an Individual Taxpayer Identification Number (ITIN).Obtaining A Taxpayer IDAs soon as possible, foreigner investors need to obtain a U.S.

@Ernest FoxI recommend speaking with an accountant that specializes in real estate taxation to discuss your options and advise you through this process and throughout the year. 

Competent means someone experienced with real estate (the most critical part) and with NM state taxation.

@Jenna MeditzI recommend finding an accountant that specializes in real estate taxation.