So lets say you own a home with $100k in equity but have zero income.

Who knows, when you get down here you may be happy you have some extra income coming in. 

The US taxes global income which dramatically increases the reporting requirements.

The income of a property manager is dependent on whether you property is filled with tenants as well. 

Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.

I don't have any income yet as I am just graduating.

When you sell a property that has been depreciated, the IRS requires you to "recapture" the depreciation deductions, taxing that portion of the gain at ordinary income tax rates.

I think I was fortunate to find a roll outside of real estate to diversify my income across two different sectors of the economy. 

I also just got this email about a renewal (only a partial quote) :Effective January 2, 2025, annual subscriptions will be priced at $179, and $129 for add-on units.

If you still want to rent out your other bedroom you can have a tenant in the opposite side AND a roommate which would give you two income streams.