E's and depreciation schedules (form 4562, I think) from the seller (or the equivalent forms if it's a partnership or corporate return).

HI Brad,Noticed you were local down the street.In regards to your scenario above I'll write the notes on what you've mentioned above:- you may have negative cash flow but that does not mean you have an accounting loss since only interest is deducted on the Schedule E of your personal returns or other tax returns so it depends.

Maybe a phone call after but definitely NO E-MAILS!

Originally posted by @E.

Originally posted by @Bob E.

By using a class, you keep all financials (income and expense) isolated to a property, which is nice for Schedule E reporting.

Paul that would be a great executive rental.  78 10th St E, Stp @ The Pointe, #R1505 @ $114,900Please contact me with any thoughts on how to get this into the hands of someone looking for an executive rental purchase.Thanks,[email protected]: 612-868-8334

I am still trying to learn my way around BP site....I just found a number of e-mails in my spam box from others that had posted when you did.

I do have one tenant who sends me some kind of electronic payment that I get an e mail notification..

They didn't mention how many they actaully close, but I wouldn't be surprised if they're doing 10 a month between the ones they keep and the ones they wholesale.I do get e-mails from another wholesaler who I would get gets close to 10 a month, based on the combination of "here's a deal" and "sold!"