I focus heavily on the sell side and on the buy side only work with high net worth individuals so the newbie wanting a 400k multifamily with an FHA loan probably isn't for me. 

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

Purchase price: $1,100,000 Cash invested: $400,000 Sale price: $2,200,000 High-end property rehab with 4 individual units.

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

Each individual owner can have their own Deferred Sales Trust™, the assets of which can be managed to each taxpayer’s own individual risk tolerance and preferences.9) Net rental income.

A mid-term rental could be an great option during the 6-7 months you're away since it appeals to traveling professionals, remote workers, or individuals relocating and offers stable income without the constant turnover of short-term rentals.

When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for. 

Does anyone know if this individual needs to be a W2 or can I hire on a 1099?

Hello, my name is Marshal, and I’m excited to connect with this community of like-minded individuals passionate about real estate.

Well, of course it depends on the individual circumstances, the amount of time comitted and the capital available.