Also, you calculate this on worksheet 5-1 schedule E, but I haven't found any form to record the carryforwards. 

Shoot me an e-mail at [email protected]

Is it based on the 50% rule or the Schedule E from the seller?

Annette Hibbler I sent you an e-mail about the property.

If you would like to talk about it when your ready please e-mail me.Wish you great success.

So I'm an E-4 in the army (married of course) currently an 11B transitioning to 92F in a year, so my main plan is to save up as much money as I can for the next year and raise my credit score as high as I can ( currently 680)I'm trying to wrap my head around how I want to invest into real estate, my first rental property I want to be a house hack, in which I purchase a duplex or triplex and live in one unit and rent the others.

BG&E will come out check for leaks for free.If you have to run all new couplings you might as well update to flexible wardflex.

1.125% origination charge $1,148underwriting fee $995Appraisal, credit report fee, flood vert fee, tax service fee $826Title insurance $559Taxes and government fees $4,255Prepaids  $1,084Initial escrow payment $1,040Lender and settlement fees (closing protection letter, e-docs, lender's title insurance, settlement fee, etc) $1,180

Schedule E is how rental income is reported for tax purposes.

@Gretchen E Harrison none of this was on your home inspection?