This can be done using accounting software or a spreadsheet, which can make it easier to collate and organize the information you need for 1099 filing.It's important to review the IRS guidelines and requirements for 1099s annually to ensure compliance.

When searching for the ideal home, be adaptable in your approach as occasionally the ideal offer can not meet all of your requirements but still present a fantastic opportunity for investment or house hacking.

If your state requires you to send receipts for repairs enclose copies of the receipts.

Hi Folks, We've been active investors for about 15 months, which makes us newbies :).  

I am interested in meeting local investors in the area or attending meetups to continue my introduction and know folks with experience such that I can learn, JV or just be a spectator eager to learn.Thanks,Nick

(BTW, I've created a spreadsheet to estimate the rental income required to qualify for specific properties and am happy to share it with anyone interested).After conducting some research and attending open houses, I found very few properties that meet my financial criteria within San Diego.

@Angie Hensley Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Hey folks,Question for the medium term rental crew: how much time/effort does it take to self-manage a typical 1bd/1ba furnished MTR?

I know that nothing is free, and that some programs require you to pay the DPA loan back before you move out but what else is there to have in mind that I should know about.

it is not required in FL where I would buy.