If it is a turn key property managed by a property manager or you have limited interaction with your guests it would most likely be considered passive income and filed on a Schedule E

However, once I get my own home purchase out the way, the next move is to start building a rental property portfolio. 

After the renovation is complete and you're renting the unit, not having to worry about tracking physical keys is a super convenient perk for residents/guests, and also has the added benefit of minimizing the amount of lockouts and other headaches you'll potentially have to deal with later on down the road. 

Those things are key because they do come up and for example you have a deal and you supply 10 deals and are only getting 50/50...

You should know the rules inside out or be working with the professionals that know it.Incorrect moves can result in not only a taxable event to you but to your investors.Based on your most recent response, i do not think you have a good understanding of1) requirements of the QOF(You may need to substantially improve a property)2) How long you need to hold a property before it can be sold to exclude the gain3) Inside basis vs outside basisBest of luck

My first move would probably be house hacking a single family or multi family home, depending on what is in the market for me.

I recently moved to a home i was going to flip but decided to keep and make it my primary.

I moved over to BatchLeads to do SMS campaigns and receive a much higher response rate (even if it is a no).

You do lose control once you sign the subscription agreement and wire your funds, which is why trust is key.

So many developers have been welcomed by small businesses and residents that are now moving to the area, making it ideal for rental properties.