Hello All,I have been looking into these courses to broaden my horizons (I know residential) and was curious if anyone in the community has insight to the program and willing to share.https://ecornell.cornell.edu/certificates/real-estate/real-e...Thank you!

I understand how important it is to have a team when starting in R/E so that's exactly what I am looking for!

Lately I've even gotten convincing fake ID's and fake photos of the deed though and I even had to have my title company do an O&E on one property where I couldn't find the real owner anywhere and the scammer was pretty convincing.

I read that you can setup solo 401K if you have only Schedule C income and not Schedule E income. 

If the rentals are wholly-owned and held directly, or held through a disregarded entity ("DRE"), or held as a fractional direct interest as a TIC, they're probably reported on your Schedule E. 

Quote from @Scott E.: A lot of the ideas that as thrown around as "passive" income ideas are not truly passive.I started a YouTube channel a few years ago, for example.

For purposes of this paragraph (e)(3), an activity involving the use of tangible property is not a rental activity for a taxable year if for such taxable year—(A) The average period of customer use for such property is seven days or less;(B) The average period of customer use for such property is 30 days or less, and significant personal services (within the meaning of paragraph (e)(3)(iv) of this section) are provided by or on behalf of the owner of the property in connection with making the property available for use by customers;(C) Extraordinary personal services (within the meaning of paragraph (e)(3)(v) of this section) are provided by or on behalf of the owner of the property in connection with making such property available for use by customers (without regard to the average period of customer use);(D) The rental of such property is treated as incidental to a nonrental activity of the taxpayer under paragraph (e)(3)(vi) of this section;(E) The taxpayer customarily makes the property available during defined business hours for nonexclusive use by various customers; or(F) The provision of the property for use in an activity conducted by a partnership, S corporation, or joint venture in which the taxpayer owns an interest is not a rental activity under paragraph (e)(3)(vii) of this section.

Please RSVP here to receive prompt communication via e-mail.

We'll start hearing about buyers getting screwed and suing listing agents in a few years, and O&E insurance claims will go up.How this ends, I don't know, but it's definitely go to be messy.

I'm curious if the income from these rentals, listed on Schedule E, will be factored into my Debt-to-Income (DTI) ratio.