Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

This income  would likely be coming from a K-1 (form 1065), and flowing over to your Schedule E on your personal returns.

template=forumThere, you can both SUBSCRIBE to the e-mail forum and read the archives right now for July, Someplace there are directions for reading the rest of the archives.

Anyone have experience with Tripple E Reality or AMG Property Management?

Property managers are unlickely to offer this kind of deals as the comission are low enoughWht I am now doing with my investors now is a price agreement for certain things that they want to offboard, but this is not property management, but a sort of limited service agreement.If you are interested we can talk as I live in the area.By the way, I heard that e-sign contracts signed overseas are unenforsable, I would like to have a attorney to comment about that.

I’ve used these and they work well. https://www.homedepot.com/p/E-Z-Ancor-Toggle-Lock-100-lbs-Ph...

The best part about it is it's easy to tag your transactions for each property with categories that sync to your Schedule E for taxes, making tax prep super easy.

@James N Beliak we have several Canadian clients that either have a Michigan LLC ($50 setup, $25 annual) or they use the IRS W-8BEN-E form.https://www.irs.gov/pub/irs-pdf/fw8bene.pdf

Risk Reward-  as I stated earlier the S&P 500 P/E ratio is almost twice as high as real estate at a 7 cap.  

Or use an e-card like Linq which someone can scan and download all of your information.