Any gains or losses are reported on the owner's 1040 schedule "E" just as they would be otherwise.  

@Scott R.If it is indeed a rental property, you need to report the rental income on Schedule E and attach to Form 1041.

@Lee Judd what do you not like about  Tenantcloud I ha e been looking at that one as well

I have a small online e-commerce business that I can run anywhere, so that is allowing me to escape the California Covid situation right now :pMy only background in real estate is selling the houses I inherited with my sister when our parents died.

My bachelor's is in psychology, my masters is in exercise science, and my current business is a small e-commerce business selling wellness products, but I want to learn BRRR!

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Originally posted by @Charles E.

Thank you @Jason E.

In our company we occasionally send clients or people we work with "thnks" and they are e-gift cards to various places, often tailored to fit the season (ie, holidays) or a bundled product with a cute name ("Sweet Treat" THNKS might be a starbucks giftcard for the exact amount required to purchase a mocha and a cake pop).

We have an e-signature platform he could enter the contracts into once he has them, but he wants it bundled.