It's kind of like the Raiders(NFL Football Team) celebrating a win in the pre-season when the purpose of playing in the NFL is to win a championship.  

@Joe VilleneuveThanks for your examples.I have a question in the future is it better to put my rentals in an LLC for tax-saving purposes?

"Minnesota law states that a landlord may enter a leased premises only for a business purpose and only after making a good-faith effort to give reasonable notice - and in cases of emergency.

As I felt more comfortable, the amount of money grew significantly and that is when things turned sour.Ankit despaired, falling to provide information about the status of my investment as well as the proper documentation to tax purposes, like a schedule K-1 form.  

I ignored these threads on purpose but I am literally underwater in my mortgage as I financed 100%,VA loan.

A single-owner LLC is usually ignored for tax purposes, known in technical terms as "disregarded entity."

Keep it Simple.You do not want to enter each transaction individually, you are defeating the purpose of engaging with a manager. 

They're completely ignored for tax purposes.  

However, we did purchase a few properties on Contract from a family member and did seek out the services of an attorney to review and prepare documents for that purpose.

All correspondence lines up directly under their profile so you’re not hunting down multiple emails if you need them for legal purposes.