Line 5 of the Estate Schedule K-1 (from form 1041) says it's "other portfolio and nonbusiness income."  

My duplex is scheduled to close in 2 week & I don't foresee any problem with the loan.  

Income comes rental income reported in line 3 of schedule e.

If a rental client can't see the apartment either due to being out of town or busy schedule, can an agent view the property on their behalf and have client sign the contract?

I know the easy answer is "deals closed," but what I'm really looking for is what metric would allow you to simply focus on doing what you do best without needing to worry about generating and nurturing leads.For a bit more context, I'll be coming in and automating my clients path to purchasing new deals by generating leads, engaging with these leads to learn more about the property and their situation, scheduling inspections/consultations, delivering offers, getting what's needed to close, even getting reviews after the purchase.

I live in one of the worst economic climates in the U.S, and have made enough money in the first half of this year to take the next couple of years off, but I would never do that because I enjoy my job so much.I enjoy my job because, I am not making anyone else rich but myself, I set my own schedule, I set my own pay, I set my own job security, I do it all.

There are some loan programs that will go up to 75-80% of the After Repairs Value and there are also some lines of credit that can be set up so that you have the ability to close quickly and pull funds when you need them.I like the idea that you should have your work scheduled out in front as well as how much money you need for each phase.

I buy a house every winter and work on it nights and weekends when my schedule allows.

That should get you a profit of 15% of the ARV, more likely 10% as you go over budget, over schedule, and sell for less.Jon

That stuff works great on ant piles too. The