Take a look at the referral system though (roof dot io /3forfree) I don’t plan on having too many tenants at first and might just look for someone giving out a referral code online

Always work with terms that fit what you can do and earn cash. 

I deal with more protection for my business since I'm a contractor but this seems a bit overkill.Carrier: ScottsdaleSix-Month Premium: $1179.5625% minimum earned premiumCoverages & Limits:Commercial Property: $125,000 Building Limit – Special Form excluding theft; $2,500 deductible; Replacement Cost Coverage; 80% CoinsuranceCommercial General Liability:$1,000,000 each occurrence; $2,000,000 aggregate limitProducts-Completed Operations Excluded; Designated Premises/Project Limitation included.Conditions: All subs must carry equal or greater limits of liability naming insured as Additional Insured, hold harmless contract in favor of insured, with Certificates of Insurance.Thank you in advance for your consideration.

Conversly your commission received as an agent is earned income as well.

We'll look elsewhere to put our hard-earned money. 

I get that my AGI will be less than what I earned, basic tax stuff here.

@Wendy Schultz Appreciate the input, I've been doing some online research with the city of Phx so hopefully I'll get it right.

You can then develop your own plan not simply take random suggestions from strangers on line.

Hey Community!Long time since I have been on so sorry I haven't been contributing more. I have an interesting tool for converting real estate deals into analysis similar to what you would present for stocks or mutual ...

If the language of the trust requires all income earned by the trust to be distributed, then the trust is a pass-through entity with no state or federal income taxes paid by the trust itself.