Excuse me for butting in here, but your last post raised a question with me.
had a discussion with the broker and they said that each property needs to be on Schedule E separately.
The question this raises, (hopefully, without sounding sarcastic) is this: Is your broker a tax professional or tax specialist? I doubt it. That's what makes me lean away from the broker advice when it comes to taxes, and more towards @M-MTax at this point. Maybe the broker can cite specific guidance for this in an IRS publication?
