The income is documented on Schedule E.

I'm brand new and hungry to learn.

That allows us to take all ordinary business expenses on Sch E, including education, marketing and anything else from the business overhead world.

Hi,As a brand new Realtor (no income yet), without other employment but with a fully paid off home and good credit, what would my chances be of qualifying for a new mortgage on a home I intend to house hack with 3.5% down?

There is a brand new development downtown called South Main that will bring 314 new units online this spring with rents starting at ~$1,400 and amenities that include high-end finishes, a year-round pool, hot tub, community BBQ, covered gazebo, private gym, lounge, pet spa, gear workshop, and co-working space.

My name is Betty and I’m a brand new aspiring real estate investor.

I’m 20, brand new RE agent in Arizona.

And you'll want to make sure your accountant places the investment portion on your Schedule E to replace the condo.    

It works the other way as well:  Non-Relator Broker = Non-Realtor agents).You also have to pay for E & O insurance and take a certain number of continuing education credits every license period, some of which can be FREE as a Realtor, but most of which costs money.Beyond the above, I suspect you can cover your expenses on just one, full commission transaction each year, depending on the above. 

I am a brand new agent at 21 years old.