@Melissa Dinas no utilities do not Need to be on.

Never feel guilty about getting paid for your services that you have spent time and money learning, just like the doctor did in med school.  

Assuming this was their personal residence and All cap gain is exempt under section 121, and was never rented (no depreciation recapture.)....1) return of basis-no tax2) cap gain-cap gain tax if not exempt3) interest-taxed as his ordinary income tax rate (no ss/med)

Im just beginning the med sep process, so I do have time. 

(*** that)" has got to be the best thing I've seen all year bahahahahahahahahaahahahahaahahahasoiahfojsndflksdmfskdfmFor those of you not in the know, Oak Park is one of Sacramento's most contentious neighborhoods as of the past few years, and the extreme discount afforded in comparison to Midtown and East Sac and the ever-growing UC Davis Med Center have brought in a new, "hip" young crowd and driven up the demand like crazy.The price to buy a home Oak Park has risen 10 percent in the last year alone.

I aim for the med students.... so I try and buy near that part of campus . 

Are you accruing interest on the graduate and undergrad loans while she’s in med school?

I would consider $750 - $1,000 per room as a deposit.This is all based on assumptions because I don't know your actual plans, your experience level, the quality of students (Harvard Med vs.

In my free time, I enjoy rock climbing, mountain/trail biking, motorcycles, coaching lacrosse, and studying for my return to school for pre-med/medical school.   

IRS says it's inventory, in a business activity, not a long term investment.....subject to ordinary income tax, including both sides of SS/Med (15.3%).