So we will have to look to finance industry on this front which as we know finance industry moves at a different pace, measured in quarters and years, not days and weeks. 

It’s also important to sit down (or have a virtual meeting) with your accountant on a quarterly basis to review your financials.Tax deductions are maximized.Ensure you’re getting proper tax planning done throughout the year, so you are minimizing taxes.

Regarding your first question: the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

Seeking guidance from reputable professionals specializing in real estate taxation is crucial to ensure compliance and optimize eligibility for REPS.

I'm an out of state investor but would like to get down at least once a quarter if you have meet up. 

I have seen a fair number of monthly/quarterly reports from syndicators.  

@Sudhi Avula Do you have a CPA that specializes in real estate taxation?

With the goal being quarterly. 

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@Jennifer TaylorI recommend finding a tax strategist who specializes in real estate taxation and tax planning.