Does anyone have a website for a good template to create an annual report for filing?

The property is worth exactly what it is with zero STR rental income.

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?

So often rentals don't have taxable income; and once they do it's still not subject to the payroll taxes paid by W2 wages or on self employed income. 

Being able to use real estate to offset taxable income requires some sort of participation on his end.If he wants you to be the boots on the ground, it will likely be hard for him to reduce his taxable income.

Just to make sure we’re both on the same page, I’m referring to the annualized total return that is included in the bigger pockets rental calculator — I wasn’t intending to compare RE to stocks, but maybe I’m missing something in your answer.  

Passive income through real estate is one of the most powerful ways to build generational wealth.

3) Average income was up 4.5% in 2024.

@Federico BuenoWith 6 bedrooms, your house hack has huge income potential, and you have multiple ways to maximize cash flow.

Does anyone know of a money market mutual fund or a fixed income fund that could be used for this purpose within my Equity Trust IRA?