But you can still treat it as resulting in Ordinary Income even though it is reported on Schedule E, which lets you properly report in accordance with the tax results it seems you are shooting for under the tax return loophole.If your CPA is looking at switching it between schedules to get that tax result...it sounds like they don't understand the reporting position fully and/or they just don't know how to use their own software to address it.In summary, based on what you are describing for the situation, it should go on Schedule E, with what sounds like the resulting refund of $17k.

Disclaimer: The views expressed in this blog post are based on current market trends and are solely the opinion of the author.

If you identify appropriate homes and the market is favorable to house hacking, this might be a strong incentive to proceed.In the end, the choice will be based on your own situation, tastes, and objectives.

I'm based out of Tampa but do deals all over Florida.

Without these forms, there's a risk that tenants may produce conflicting documents or make claims that could complicate the transition of property ownership.We are a property management company based in the Upstate of South Carolina.

I'm based in the Western area of Los Angeles and we do projects all over the country. 

They are based in Ohio, they got started in 2021.

Hey @Abbie Little, my brother lives there and my parents live in Sequim so I am basing my opinion on their experiences.

Hi All,I am a newbie to real estate investing in North East Florida and have been watching the podcasts and reading the books etc. for a few years now. 

BiggerPockets Money podcast has mentioned a few times about Pine Financial Group Fund V as a "truly passive real estate" investment.