Through the years he enjoyed positive cash flow with the last ten years cash flowing at about $17,500 annually.  

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Quote from @Destiney E Goins: Hello, I am new to investing, and feel like I have been blindly stumbling through this experience the last few months.

It was only within the last 30 years has the upper middle class incomes start to spread out of the lake.  

We built over 70 of these for our clients last year alone.

Owner setup the path split last month, so don't have income history.  

Tennessee holding steady at #5And of course California came in dead last.

Lastly, what’s been the biggest surprise about being a landlord so far?

Hi Yooni,I’ve been self-managing my 12 Detroit doors for the last 2.5 years, and while I’ve made it work, it’s been far from easy.

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.