Schedule C if you a sole proprietor) & you do not have any full-time w-2 employees (i.e. working 1000 hours or more per year) working for your self-employed business or otherwise.2.

I also feel this will help offset some of the expenses that will undoubtedly be higher being classified as a sole proprietor with healthcare, retirement options, etc.I know your question is directed at those who ARE doing it currently.

[You need not file Form 1098 for interest received from acorporation, partnership, trust, estate, association, orcompany (other than a sole proprietor) even if anindividual is a coborrower and all the trustees ..... ] 

This is a single member LLC that is taxed as a sole proprietor and does not file it's own tax return. 

Second question from there... " An independent broker-sole proprietor must be a broker-in-charge to lawfully engage in most brokerage activities."

Schedule C if you a sole proprietor) & you do not have any full-time w-2 employees (i.e. working 1000 hours or more per year) working for your self-employed business or otherwise.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).

@Shiraz Robinson it’s always best to do business as a Corp entity vs sole proprietor.

I didn't use any funds from a previous investment, but I deed the property into a sole proprietor LLC, specifically set up for this property. 

@Bin Chen Did you set up a separate EIN for your LLC or did you just use your social security # as sole proprietor?

Schedule C if you a sole proprietor) & you do not have any full-time w-2 employees (i.e. working 1000 hours or more per year) working for your self-employed business or otherwise.2.