You may be choosing between 1 income producer and 2 within the household.Third, if both of those properties appreciates 2% per year for the next 5 years, you realize $20,816 on resale in the latter example and $13,877 in the first. 

Very glad I decided to purchase this property with the cash flow it produces.

But good fiscal planning is to get rid of debt that isn't producing income (student loans, auto loans, credit card debt, etc) There is always a deal on a house out there and if the situation is correct you can even build your dream home sometimes cheaper than buying, based on where you chose to live.

You can promise them, let's say an interest of 6% on their money.For example, if that $1M property has a 12% cash on cash return, that means it produces $120K in income per year (after debt service).

Hey man, not a CPA or EA but here are a few things I've picked up on and recommend you verifying with a CPA or EA.The passive loss a rental produces each year can be used against your earned income (W-2 wages) if you earn below $150k married.

I still own this duplex as it does produce positive cash flow.

Hi All,I am a recent college graduate who is looking into rental property investing as a tool to produce passive income.

If feasible, I would knock down the restaurant and produce storage units for the members in that community.

Mass solar incentives overview:https://www.solarpowerrocks.com/massachusetts/Indy solar incentives overview: https://www.solarpowerrocks.com/indiana/Mass has a great SREC program where you get paid well for every kWh produced, and you also have expensive electricity there so just by not paying a bill you'd save a lot more than other states with less expensive electricity.Indy offers a sales tax exemption and property tax exemption, and if your utility is NIPSCO there is even a .17/kWh feed in tariff, so depending on where your properties are it might make sense financially, and as you mentioned the soft value of doing something good for the environment is often a bigger driving factor for many people.

Hi all,Looking for some advice/direction- So I have 3 SFH rentals that are close to being paid off, 1 house that i live in with tons of equity and a nicely cash flowing triplex that i just bought. i also have a business that produces a very healthy amount of cash flow....