@Rich ThomasIt looks like your tax professional is doing it incorrectly.Sometimes an accountant will select a couple boxes and be like "oh if I click this box, he will get a larger refund, let's do this".The fact that you are a limited partner in a partnership, your loss should be treated as passive.

@Anna Rynders we spend $4k to $5k to nicely outfit selected units in our apartment buildings, then rent them as corporate monthly rentals for 50% to 60% more than they would rent unfurnished.

Monthly Expense Summary (Completed): Based off of Expected Rent (PM, CapEx, OpEx, Vacancy, Insurance, Taxes)Expected Rent (Completed): Aggregated from Zillow, Rentometer, and HomeSnapARV (Completed): Aggregated from selected CompsPre-Debt Cash-flow (Completed): Rent - ExpensesWhat I am missing: I am missing the math to take my cashflow, take a DSCR (debt-service-coverage-ratio) of 1.25, and determine my maximum Principal+Interest Payment, then take that number and extract it out to what could be financed at 15,20, or 30 years at 7% APR (arbitrary).

We want to know if there is a such a role where a hired person posts listings of a property, screens applicants, selects an appropriate tenant, gets them moved in and then bows out of the transaction with the owner managing from there forward.

@Will Lusk after selecting my lender and going under agreement, I found my answer.

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you: Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Now would be a great time to utilize some of the other resources at this website to help you select the life insurance policy that is best for you and your household.The simplest way to comprehend the difference in between whole life insurance coverage and term life insurance coverage is to look at what is indicated by their names.

I am curious what criteria others are using for selecting their out of state properties.For me:- Landlord friendly states- Growth in the area based on census data- >2 star neighborhood rating- >4 rating on schoolsHistorically, my strategy has been buy and hold, let the property appreciate while the tenants pay the mortgage.