You must report rental income on Schedule E and can deduct rental expenses like repairs, maintenance, property taxes, mortgage interest (allocated between personal and rental use), and depreciation for the rented portion.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It should be from someone who uses that person.

So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save? 

I have known and worked with Matt for years.I have attended his training and hired him as a consultant.He is hands down the best at what he does.I have personally raised over $50 million for my hard money lending company.I am grateful for a lot of people who helping me with this success and Matt is at or near the top of that list.

Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.  

It also gives you multiple work surfaces so you can have more than one person in the kitchen without getting in each others' way.

Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets? 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Initially I didn't have a personal connection to the area and didn't know much about the city.