I know for a conventional loan, depreciation, taxes, and mortgage interest from your schedule E are added back to your income, thus it doesn't hurt your DTI when you add them on your taxes.Does FHA do the same?

All this strategizing on how to allocate taxable income to one individual in a bona fide manner...the juice may not be worth the squeeze...

@Hugo E sanchez Check out meetup.com.

Screw the rate and points, juice that rate up, take the negative discount points to cover part/all of your closing costs on the purchase, so that after the refinance is done you will have only paid a single set of closing costs (or a single set and change, but not 2 full sets).Did it when I bought my personal house.

Once they have passed background and provided deposit we have lease signing, they have 24 hours to sign our lease (e-sign). 

I'm familiar with all the basic deductions i.e. cleaning fees, utilities, supplies, mortgage interest, insurance etc. so curious about the less clear ones:- Home office deduction: I manage the STRs from my home residence, if I'm reporting the income on Schedule E can I still take a home office deduction (rent/utilities)?

Items E, F, and G discuss the items above but give additional qualifying information as to which fee you can charge in which scenario.https://www.ncleg.net/EnactedLegislation/Statutes/HTML/BySection/Chapter_42/GS_42-46.html(e) Complaint-Filing Fee. - Pursuant to a written lease, a landlord may charge a complaint-filing fee not to exceed fifteen dollars ($15.00) or five percent (5%) of the monthly rent, whichever is greater, only if the tenant was in default of the lease, the landlord filed and served a complaint for summary ejectment and/or money owed, the tenant cured the default or claim, and the landlord dismissed the complaint prior to judgment.

I know insurance companies are dredging new depths to avoid paying claims, but that's a new one to me.Here are the lease clauses I have:(e) No wading or swimming pools of any kind may be used, set up or operated on the Premises.

It's a great way to gain experience with rentals, obtain some Schedule E income to show future lenders, and benefit from the loan pay-down & appreciation even if your cash flow is negligible.If this is your first, you could also face financing challenges related to not having Schedule E income in your history.

This was reported to the IRS on my Schedule E for that year.