I am looking at a listing: http://www.loopnet.com/Listing/3000-E-49th-St-Kans....

I’m reviewing material on self rental rules, having the business buy the property (not ideal), Schedule E applicability, entity differences if her business was a C Corp, and others.Seeking the optimal way to structure this investment with tax efficiency in mind.Many thanks for your perspective in advance.

@Jason E.

I am just starting out with R/E investing beyond my own home. 

I was thinking to pull O&E reports, but it seems O&E report does not include these government liens and HOA liens, so it is probably not worth it to pull O&E before tax deed application?

This fee shows up for my rentals as a legitimate management fee on my schedule E. 

I'm in the same situation, the rental will go on your Sch E and you'll get your standard deduction for expenses,  plus depreciation. 

That doesnt count having to upgrade the disconnect which is potentially thousands more if you dont have the juice to handle a condenser.   

In fact we only have about 10 months experience managing 1 VR (Vacation Rental) which is a cabin in E TN.

Originally posted by @Lynnette E.