@Rolanda Eldridge, are you using your license just for your own investment purposes or do you actively sell houses to others?

After 1 year they promoted me to manager.

After making a good chunk of change and telling everybody what I did (self-promoting), after time, people were trusting of me. 

I am closing on a HELOC next week on my primary home with the purpose of using to buy another property.

As far as how to treat your property for tax purposes I recommend you look on the IRS. gov site.

I use excel and consolidate all income and expenses for each property (I add my mortgage payments and other landlord expenses) and make sure that my cash accounts reconcile for all my holdings (if there is a problem I call the manager and we try and figure things out).I use this excel for two things:Tracking my properties performance - mainly cash flow, cash balance, NOI and just to make sure the PM is on top of everything.I use this to input the data into QuickBooks (I do this manually).My CPA is very expensive for Bookkeeping purposes.

Now I'm not sure if that is due to the nature of our business as the credit unions purpose and mandate aligns to the industry broadly, or if it's just something that they were able to negotiate.

One cannot file for tenant holding over until the tenant holds over.This is not legal advice and for legal informational purposes only.  

It seems that the IRS puts these rules out there and makes them purposefully vague in the hope to scare people into not claiming certain deductions.  

Their employees perform a variety of functions, including water quality and law enforcement, fire suppression, harvest regulation, and even timber industry promotion.