While it’s a rental, you can deduct expenses and depreciation, and report income on Schedule E.

Then you just need to be detailed as you're going through the bank rec so you can categorize for each property for reporting and tax Schedule E.

If you would like to hear more about the area and how I got started (as an E-4 with no BAH), feel free to shoot me a message or email.Will

For most STRs, it is Schedule E.

I dont broker so would not know that end of it although since I was NMLS licensed they called me and e mailed me constantly to send them files.

It covers categories like electronics, apparel, and groceries sold online, providing monthly insights into price changes in e-commerce (Fun fact, Fed Governor Goolsbee cited below helped develop this, further evidence gov data accuracy needs a looksee).

Ensure TaxAct is correctly reporting the adjustment on Schedule E and Schedule 1, Line 8, as IRS compliance requires.

Control more cash in MM or CD's so we don't take the full ...e.

(Cody told me this directly)@Scott E.

#RealEstateNetworking #InvestSmart #Lendmarq #InvestorMeetup #NJInvestors #GatorLending #REICommunity #GrowTogether #JumpstartNewark #EXPRealty #SubtoJoin us & Register:https://www.eventbrite.com/e/real-estate-mastermind-strategies-north-jersey-tickets-1507938848689?