Our building is not held in any corporate or LLC structure, so we just file a schedule E with our return.I was wondering if there was a way to take some of the income from the building and pay ourselves a nominal amount that we could report on our schedule C's using a 1099-misc?

Page 2 of Sch E.

Thanks for the input @Chris Shepard and @Lynnette E.

Originally posted by @Lynnette E.

That IP address is a Google e-mail server.

"I've never paid any bill on time ever and have managed to save $600...can you put me in that E-Class for $400 a month"??

@Lynnette E.

I've acquired about 40 apartments in the last year and am looking for preventative and active strategies to minimize risk when the economy decides to fully take a dump.I'm aware of J Scott's recent E Book which I plan on purchasing shortly after I finish this post.

Brad's regular conferences are about 3 times a year, info for his next event is here: https://www.eventbrite.com/e/brad-sumroks-rat-race-2-retirement-apartment-investor-weekend-training-tickets-56945481468What motivated me to attend is my desire to transition from SFR 1-4 units, into 60+ units and looking to tap into an existing ecosystem with structure, comprehensive training, and a network. 

The interface is very intuitive as well and tenants get reminders of due rent, etc via e-mail  helping automate the process.