I have recently consulted with both WealthFactory and Wealthability regarding tax and wealth planning.

My tenants are asking for my personal address for their taxes...I have only 1 property and am very new to being a landlard.

That sounds like capital gains tax on $63k-$113k depending on sales price and closing costs. 

Quote from @Mary Ciccarelli: I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners included, etc).

We started the journey last year Sept 2023.The deal closed mid November, after a 2 months journey to find the perfect property (price/Cash Flow/appreciate) and closed on it.Made her aware the holidays isn't the time for renters to move, however, once W2 taxes were issued in January 2024 she would get a tenant.She is officially a landlord!

The tax code is verry complex and everybody even accountants will tell you different opinions as to what is right and wrong.

The flood insurance is offset by $600 yearly taxes, but I am having a hell of a time trying to sell it at $93k.

Yes, he's gotta report that rental income on his taxes.

As a hypothetical: if your total mortgage, interest, taxes ends up being $4.5k per month and you can have each person paying $1,200 then your personal portion is $2,100.

I want to do an FHA loan, except for the fact that I don't have the few year span of tax documents needed to get a bank loan.