When I put both of these into the schedule E, it says that my income is $3k. 

@Lynnette E.

I’m brand new to the Las Vegas area and would like to get started in rehabs.

I am brand new to investing..

The reason I recommend using partnership is to control how the income hits your 1040 schedule E.  

We have to pay for classes, renewals, memberships to MLS and associations (required if you are an MLS member), advertising, forms, e-sign software, signs, flyers, the list goes on and on.

But again, we go pretty big and are pretty busy.If you are just starting out I would make sure to line out all your must haves - MLS membership, forms, e-sign subscription.

At the end of the day, is the juice worth the squeeze? 

Brand new to BP and loving it!

Roof is 10 years old, one of the two furnaces is brand new (second is probably on borrowed time), one water heater from 2015 (second also on borrowed time).