I know that being an SCORP is NOT the way to go for buy and hold rental real estate in most cases, but can be ideal for flips where short term gains are treated as ordinary income. 

@Dana Adams I'm in Burlingame, happy to meet up for a beverage at Buck's to talk a little shop when they reopen the patio  

So nothing out of the ordinary in doing the screening process.Don't use Zillow for your lease agreement.

Hi Nicholas,You report the entire amount you received - including utility reimbursements, repair reimbursements, etc - as income.You then can deduct the following:AdvertisingHOA FeesMortgage InterestProperty TaxInsuranceProperty MgmtRepairsUtilitiesDepreciationAnd anything else that is ordinary and necessary to generate the income you received.Perhaps you should consider putting yourself on extension for this tax season and then engaging with a competent professional later in April to review not only the prior year's tax return, but also prepare the current year for you.Best of luck!

For ordinary maintenance requests or lease questions, the tenant can email you.

Nothing out of the ordinary here, if they are buying the deal as investors, then there shouldn't be any fee, or at least I would negotiate.

If it is a non-real estate syndication, that number will be in line item 1 of Part III - "Ordinary business income (loss)".

Today I received a replacement patio umbrella cover I bought from a seller on ebay.

once you 1031 into your flipping business which I don't think you can do ( but maybe) and or the land development deal.. once you start to sell those proeprties those will be ordinary gain and you will pay recapture at that point  @Dave Foster  is a 1031 expert I bet he can give you the chapter and verse my response is just based on my simple understanding from the bleachers.

U will want to talk with your tax advisor/cpa  when you create lots and spec homes these become inventory and then your taxed at ordinary income.. so not sure doing a 1031 into the land other than short term help will help you in the long run..Might be better to sell the houses pay the capital gain.. then buy the land..