Since you never formally owned the asset, that income could be seen as regular income.

If you study history, it is not a phenomenon that occurs regularly, at least not compared to the lifespan of a human being.

My taxable income is actually so low in 2023 that if I take the $25k special allowance deduction for passive losses and the regular standard IRS deduction, my taxable income is negative.

@Tosin Omoba I just use regular epayment options like Venmo and CashApp but wouldn’t suggest this at all if your tenant is already messing around with the date of payment.

Without regular cash flow, businesses die. 

I am not looking to replace my regular job, but rather long term growth with shorter term cash flow.

What benefits do landlords insurance offer compared to regular home owners?

It's like making a deal directly with the seller instead of going for a regular mortgage.

i personally use my regular phone but you could use a google voice number or an actual physical work phone with a different line. i'd do google voice so you're not carrying around 2 phones. :)

I’d look to find more of those, as I regularly do by riding my bike in my “farm” area and talking with sellers.