It depends on if you got to the level of a trade or busienss which would determine if its ordinary income or not.Then the amount of time you spend on the business would determine if its passive or non-passive.

Creating an account for the first time on BP just to respond to a post about you?

First, we charge the tenant a fee every time an appointment is set and they do show up.

All improvements would be added to the cost of your property and depreciated over 27.5 years.Any interest or taxes paid on the property for the full year are fully deductible. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

Do you like "full service" meaning - someone to partner with you to not only manage but, help you to buy and sell?

Future tenants would likely appreciate the extra storage, and it could make your duplex more attractive in the long run without the hefty upfront investment that a full conversion would require.Another idea is to repurpose the shed into a functional office space or a private workout area.

Most of the time the seller was either going to pay off high interest debt - like 19% credit cards, or invest in a greater investment opportunity.So, considering all of this, why do owner financing deals get made?

How do people who acquire and manage STR's track the time for their Active Material Participation activities? 

In the mean time I'm freaking out.