Today my property manager e-mailed me out of nowhere and said the intense rains are seeping into the homes - damaging baseboards and seeping through the windows.  

Do take advantage of all the podcasts, forums, e-books, etc here on the website.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

I bought right back in '97 and calculated the break-even point to be 70% occupancy, so while profits were lower than expected, I still filed a schedule-E with a positive income for the year.

Bob E.'

(i.e. if Im in the 31% tax bracket, would Schedule E of my Tax Return ultimately require that I pay 31% of the $10,000 profit in taxes?

E).

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

Hi @Sydnie E.

Have had big success in e-commerce and real estate investing in Austin and looking to further capitalize on early RE success in London (50% ROI on 1st house).