Basically it flows through to your regular taxable income if you do not hold the real estate in a business.If you rent real estate such as buildings, rooms or apartments, you normally report your rental income and expenses on Form 1040, Schedule E, Part I.

I've heard E few already but yes I intend to keep listening.

Compared to the SFH, the duplex will have one more complete kitchen $$, two separate utilites $, one more HVAC, one more water heater, etc.Now with that being said, building one (1) Duplex house is cheaper than building two smaller houses (each house equal in size to one unit of the Duplex (i,e. the duplex contains two, 2/1 1,000ft2 units and each small house is a 2/1 1,000ft2).The cost to build will vary with each area of the country, how large you are building, and the level of finish.  

@Bob E.  

@Bob E.

Hey fellas, I'm from E-town as well and I'm interested in getting into the real estate game.

Here is the link http://www.zillow.com/homedetails/302-E-Whitehall-...If you are targeting 1/1 and 2/2 condos to rent as an investment, then, why not just buy a Motel?

My wife has enough DTI IF theyll use a lease on a property shes had in her name for less than a year with no schedule E yet.

Americans like space.As far as on line background checks, we had to abandon that and find a different solution because people either didn't have e-mail addresses or were too incompetent to not call us 50 times through the process.  

Two days ago I received an e-mail from him stating that he is selling the note off to an investment firm and needed my SS# and employment history for the firm.I'm not just going to send him that information no questions asked.