If it is Schedule E, you still have to disclose the income and expense separately anyways.

The home is zoned for two units (E-TU-C).

Originally posted by @Lynnette E.

@Jean-Paul E.

It's now REO by Fannie Mae.I've been following the property, however it has not been listed on Homepath and in reviewing the deed recorders office, it has not been sold.Does it take a long time for Fannie Mae to list a property? 

But this is the same basic list that I talk about quite regularly with others:1) Public REITs2) Direct Ownership of small properties3) SyndicationsTo me:1) Public REITs - typically fairly low dividend yield, strong correlation to equities market, high volatility, no pass through losses2) Direct Ownership - debatable how passive it really is3) Syndications - possibly high barrier of entry (accredited investor and/or high minimum), limited transparency, illiquid, no controlAnd then you can get into tax effects with 1099 vs K-1 vs direct Schedule E from a P&L

OwnershipJOHNSON ANNE PELZEL - OWNERJOHN E STEWART(UCOS)9 E 39TH STSAN ANGELO, TX 76903-2121

Help persuade her, I like your take @Randy E.

You are using the same list as everyone else and you are wasting your time.Do the stuff that others are not doing like driving for dollars.

I transfer money monthly and once they receive it, they send an e-mail to me with the exchange rate for my approval.