Hi, yes, Ohio has a great market for investing real estate.

New real estate investor here.

I am a successful real estate investor who recently acquired his real estate licence to help people achieve the same kind of success and I thought what better way then to write down everything I know into a short compact book full of important information.

You are not in a real estate business, you’re running a hospitality business.

I have spoke with my parents who have been in long term rental business for 30+ years and use an account to for their taxes.

If you ever have to go to court on something like this you will be in the odd position of being both the landlord and the tenant, so I would leave nothing to chance or interpretation.Personally, I agree with Nathan - I'd have real questions about any potential tenants that were OK with this kind of arrangement. 

I sell investment real estate in Austin, TX.

Real estate is easy to get into, but it's challenging to be successful.

There is no way that resident can afford a 500 jump, and I ended up losing thousands of dollars.Real estate is a business, collecting a future stream of revenue, and you need to be in control of the revenue and expensesGino

@John CarrI recommend finding an accountant who specializes in real estate taxation and tax planning.