Hey everyone,Ive been currently looking at investment softwares for trying to find leads.

Building relationships with fellow investors can lead to potential partnership opportunities.

While you don't need to become a licensed real estate agent to explore other avenues for tax savings, engaging in a self-employed side job can indeed offer more opportunities for deductions.To maximize your tax savings, it's advisable to seek the expertise of a CPA specialized in real estate.

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Ask for the application and screening reports like the credit report, background check and application.Check the property conditions - ask to see a copy of the lead certificate, rental license and rental inspection.

We have dozens of leads, but none of them match the quality we're looking for, for your home. 

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.

Admittedly, finding direct comparables has been challenging due to the unique nature of our family's home, but these figures give us a good starting point.I've taken the proactive step of having a property manager conduct an inspection, and preliminary feedback suggests that the renovations required might be relatively minor, pending the final review from the contractor.

I am starting to build out a site to help with an agent's lead collection and online brand.

I directed him to hours upon hours of free education and training which coincidentally explains the process one can take to hire me as THEIR Broker if they so chose.