How should the tax return capture each property separately as well as the 1099.1099 Total (example):  36,000k totalproperty 1: 10k total rentproperty 2:  20k total rentproperty3: 6k total rentThis is what we are doing and just curios as pros and cons:  We report a schedule E for each property. 

Quick back story is I am a Missouri resident that sold a Maryland property in June 2023, I've e-filed my federal and MD tax return as of the first week of April 2024.

We'll typically pay $25-50 each time we have to schedule a group viewing or inspection, delivered as an e-certificate from either Longhorn Steakhouse, Red Lobster, or Amazon.Works like a charm!

As far as expenses for things such as electricity and RE taxes (paid in 2023), those will generally be deductible on Sch E.

We used Dormkaba e-Plex on our 24-unit apartment for exterior doors and never had a problem.  

Of course, you can do tax write off if you own investment property using Schedule E, but please consult with your CPA the best way to do this in your particular case. 

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.

In the past, RentingFamilyMember has filed Schedule E and apportioned expenses by rental percentage, including mortgage interest and real estate taxes between Schedule E and Schedule A.

. § 1.469-5T(e)(3), the combined rental real estate activity is treated as a limited partnership interest of the taxpayer for purposes of determining material participation. 

On Schedule E, I can see the rents received for each property along with the interest paid.