You own it”Trying to get to yes: Yea, it’s a great house, if I knew I could make any money at that price I would gladly buy it.

Here's another idea for you that I have been toying with--become a licensed contractor yourself.

Obviously it won't provide for a lavish "retirement" but if I want a new toy I can always build a spec home or two and not touch any income.The real question is am I going to have the same level of enjoyment from the hobbies I love now when i'm 50 or will they have been replace with all new hobbies?

If they are on the DNC list their number wouldn't have come up from that service.I've been toying with the idea of hiring a virtual assistant to look up numbers for me although I haven't made a decision yet.Here's the voicemail I am considering:"Hey, sorry I missed you.

When you get into higher valued homes or second homes in recreational areas, you can find all kinds of toys thrown in on a deal.

I'm toying with doing a direct mail postcard campaign for pre-foreclosures but I've been hearing that the response rate on those is pretty low.

We are toying with the idea of building some small summer rental cottages to rent out to tourists.

If this scenario applies to you, then you should answer YES to the question that asks if you are an active participant in the property management.Changing your answer to yes will then allow you to take advantage of the net passive loss allowance.On the other hand, even if you said YES to the active participation question, the net passive loss allowance is phased out if your ordinary income is too high.  

My wife and I have finally gotten within striking distance on our first rental property.The home is bank owned needs a new roof,some plumbing work and a new kitchen.Otherwise the house is in great condition.Our goal i...

However, I toy with the idea of leveraging our properties to find the next investment that could bring in the income to bring my wife home from work or at least give her the OPTION.