However, the method of handling the 1099 income on the tax return may vary depending on the circumstances and interpretation of tax laws.The approach your CPA has taken, where each property is reported separately on Schedule E and then adjusted on a statement for property 3 to match the total 1099 income, could be viewed as a cautious approach to ensure compliance with IRS reporting requirements.

And so on... 800k plus secondly with a solo 401k you can set it up so it's 100% match up to $20,500

@Praveen Van  Not sure on a DSCR loan specifically but I have similar commercial loans, that are based off the rental income of the property. 

Hello all, I am a retail center investor based in Dallas, TX, looking to connect with other individuals who are passionate about this asset class.

They may have to pay 60k in cap gains (based on 20% cap gains rate). 

I would terminate his lease immediately based on the lease violations.

In this post I'll share some insights based on my findings and some data to showcase why this market is a great opportunity.About This Market: Parma, Ohio boasts a stable population driven by affordable housing prices relative to national averages.

Based on the information that you have given, the loan application would be in your name since you seem to be the only one employed and use the rental income (75% of rent) to fully qualify you using your employment income, rental income versus your liabilities.

I've got a rental that was a new construction in 2022, so no property tax was defined yet (based only on land value.

This includes individuals who primarily have W-2 income from employment, basic investment income, and perhaps own a home or have standard deductions.Rental Property: If you have one or two rental properties and feel comfortable managing the related expenses and deductions, tax software can handle this level of complexity, especially if your transactions are straightforward and well-documented.Complex Scenarios: Hiring a CPAWhen to Consider: As your financial life becomes more complex—such as owning multiple rental properties, running a business, dealing with investment incomes, or having special tax considerations (like inheritance or foreign income)—the benefits of hiring a CPA increase.Cost Consideration: Hiring a CPA typically costs at least $1,000 to file your taxes, which can increase based on the complexity of your return.