Real estate activities are typically considered passive activities, and the IRS restricts passive losses to offsetting only passive income.

Typically you do not need to give 60 day notice, more like 3 days....law says one thing, but judges may not always follow the law, so I say send it to the tenant, send another certified with return receipt, AND post it on the back the of the front door or give it to them in person.   

@Raphael RamosLending to someone is interest income just like interest income in your checking or savings account - it’s typically taxed at ordinary income ratesI am not sure I understand the question if it’s deductible?

I typically like to use a solid surface over formica more for maintenance and longevity.

I typically only run numbers based on concrete things that I know of right now.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Hi Amit I intentionally chose to ignore vendors that were not transparent with their pricing, since those typically fall into enterprise grade solutions that were outside of the scope of this analysis.

Today, there are about 1.5 months of inventory for our target property segment.There is a typical seasonal increase in inventory, but it remains a strong seller's market.

I typically earn about $300/mo by sweeping cash against debt.I use a desktop based QB that was purchased a decade ago and has no monthly subscription fee.I find that data is mainly helpful in overcoming "expectation bias" which is the human affliction that causes us to assume our favorite properties are the best performing properties.

A SSN is typically issued with “permanent residence” (green card) meaning the person becomes legally allowed to live and work in the US.