Also, Commission Rule 535.4(e) makes it clear that all solicitation work must be conducted by licensees.

Please know that I sought out one of the cheapest brokerages to work for and many have much higher fees.Annual:-Association Dues: $620-E&O Insurance: $200Monthly:-Brokerage Dues: $25-MLS Dues: $40-E-Contracts Dues: $20-E-Key Dues: $15Per Transaction:-$199 Brokerage Transaction Fee (x2 if I represent both sides)-$30 To Use Centralized Showing ServicesAgain this is just for me.

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@Chris E. you are most welcome. 

If the HELOC is for your rental, it will go on your schedule E (line 12).6 of 1, half dozen of the other.

Did you by th e first and second property that way or did you buy them through conventional means??

Very first e-mail response I get says the following:I am very interested in your place.

You will receive a 1098 from the bank every year and you include it on your Schedule E

the numbers crunch well. depending on the amenities and how they are hooked up, i. e. electric, plumbing, and such, i would say it is a good deal. if all of those items were hacked in place, you could have issues in the future, but if they were done correctly, then there is no issue. with those kinds of numbers, provided you can keep it at full occupancy, you will recoup any costs you have into the place in a short time. getting a profit in the end when you sell it would be nice, but if you are into it for the cash flow now, then profit at the end is a non issue. you just don't want to lose money if you can help it. i would say go for it. maybe have a home inspector check a few things out first, but if he says it is ok, then go for it. 

did you receive my e-mail?