See the Instructions for Schedule E (Form 1040 or 1040-SR), Supplemental Income and Loss, for information about making this choice.If you qualified as a real estate professional for 2019, report income or losses from rental real estate activities in which you materially participated as nonpassive income or losses, and complete line 43 of Schedule E (Form 1040 or 1040-SR).

The Collateral paragraph says: All tangible and intangible personal property, including, but not limited to: (a) inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangible chattel paper and electronic chattel paper, (e) documents, (f) letter of credit rights, (g) accounts, including health-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j) general intangibles, including payment intangibles and software and (k) as-extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code.

If the tenant wants to cut a side deal for a better looking faucet or light fixture, it's between the tenant and the technician.The day after a missed payment, notice of the late payment and fee is delivered.Notices and conversations are recorded as text, or at least text and e-mails re-cap what was discussed on the phone or in person.

YUP  who knows.but met on the internet  100s of e mails money before closinginsurance  there is no insurance product for private loans does not exist.. etc etc.. maybe the money will come through..

Originally posted by @Dave E.

Do you ever try to get the owner's Schedule E or tax document to verify expenses as they wouldn't leave out expenses on their tax return?

Ryan E.

I'm just starting and the long distance investing book is in the mail.  

@Dave E.

In your ad, put........No dangerous breed animals or petsNo smokers of any kind,No evictions, everNo felonies, everThere is a $50.00 Non-refundable background check that you (The prospective tenant) will payYour gross income must be at least 3x the monthly rent.Then when they call......dont pickup the phone.........let them leave a voice mail...........If they sound like they have sense......then TEXT them back and ask them to verify the above.Once they verify then arrange a showing