E, that income is above the line, which adds to your total AGI.

@Jim Carson, I'm in the process of rearranging my corporate structure as well.My local Indy corporate attorney advised against using the series LLC option since it's brand new to our State and there is no precedent yet with them to see if they stand up in court as expected.For me, this is the way I'm leaning:Convert my S Corp to a C Corp as the holding or management company, then use LLC or Land Trust for each property or set of properties that is then all held by my Living Trust.As far as the comment above about having your CPA setup your LLC structure - I've always been a firm believer of paying the right professional for the job...I'll gladly pay more now to the attorney to setup my LLC vs. saving a few bucks to have my CPA [bean counter] do it [unless the CPA is also a real estate attorney] - just my two cents...

Only the frame holding the glass is replaced - - it's called a Z-bar frame.If you're doing replacements, by all means upgrade to dual-pane, E-glass and make your investment worth the time and effort.

Hi BP,I've had some success with direct mail, and want to begin to build relationships and brand familiarity with small multi family owners in Lake County Indiana through direct mail as well.

I have been spending most of this time developing my websites, forming and branding my LLC, and networking with other investors in the area.  

I am a new investor and have found a property that just might have enough juice to wholesale using an agent because I know a stud who can sell it fast.

I truly can't imagine four adults, two dogs (one over 100 lbs) and two cats being happier in a hotel room than in their beach house with the brand new 70 inch TV.

Update: the tenant paid $3000.00 of what is owed (the max allowed to be e transfered in 24 hours) the sheriff is still going today to post the eviction notice the outstanding balance is $570.00 It's a start, we did accept the $3000.00 as the landlord tenant board suggested.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

You have to pass the income to your schedule E.