Just make sure to don't get too greedy with deductions.I feel it's always better to file a Form 1065 instead of a Sch E

Originally posted by @Mike E.

I actually heard about this site from looking at Seth Williams 15 Hacks for Investors, and decided my e-mail address was definitely worth looking into the basics here to get my feet wet.

e highest one or they do consider other options.

So if your LLC posts a passive loss of $10k, then your Schedule E will reflect a $10k loss from XYZ Partnership LLC. 

Keep reading the e-books, listening to the podcasts, and just absorb the knowledge that all of these veterans pass around.

Originally posted by @Bob E.

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.

Do this for 2-3 years and by the time you are an E-5 (eligible to live off post, unless you are married which is a whole other conversation ) you should have a good nest egg of between 20-30K that you will be able to use as your reserve fund.3.  

@Carolina E.