Christopher Boggs, when you put yours in shape, you will already be influencing the neighborhood in a positive way.

And since the borrowed money is fixed, and assuming healthy and stable occupancy is possible, the cash flow performance can mostly be influenced only by raising rents ahead of rising operating costs over the years.So...

This is our first tax year with any sort of real estate investments on there to influence our tax hit for 2017.

I have no influence over if Apple or Google stock  goes up or down, other than to buy more or sell.

The decision to use Schedule E or Schedule C for reporting rental income from house hacking can depend on various factors, including the nature of your rental activities and how you've structured your rental business.Schedule E is typically used to report rental real estate income and expenses for individuals who own rental properties as investments or passive income sources.Schedule C, on the other hand, is used for reporting income and expenses from self-employment or business activities, including activities that are considered to be actively managed.The interpretation of the tax code and the determination of which schedule to use can vary based on individual circumstances and the tax preparer's expertise.Your tax preparer may reference relevant sections of the IRS tax code, such as IRS Publication 527 (Residential Rental Property), IRS Publication 334 (Tax Guide for Small Business), or other applicable publications and regulations.Factors that might influence the decision include the level of involvement in managing the rental property, the intent to generate passive income versus active business income, and the structure of your rental business (e.g., sole proprietorship, partnership, LLC).Ultimately, it's essential to work with a tax advisor or accountant who understands your specific situation, goals, and the nuances of rental property taxation.

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. 

Their influence is why its a mandatory disclosure. 

Appraisals have to be done at an "arms length" from the bank, meaning the bank can't influence the value.

That makes me think that landlords see that and are influenced to raise rents to that number.

It could influence a buyers decision about their offer.