But you wouldn't do payroll deductions or send yourself a w-2.Tax laws could be changing soon.

Judgments can attach to assets as liens but the creditor can not usually force sale of other assets and income may be garnished under state law.

As a principal you may not need a realtor involved, keeping the costs much lower, depending on Texas laws.

Hey BP,I'm looking to buy a home with a free standing detached mother-in-law apt.

In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?"

Check your state laws.3.

I’m not a lawyer, Larry, and I don’t know NJ law, but I’m pretty certain you cannot form an LLC and take on silent investment partners unless they all have an active management position.

My in-laws live in Phoenix and have said that the market there is starting to pick up.

Income goes into the checking account and all bills for the rentals get paid out of that account.Some states have specific laws that may dictate exactly how you handle security deposits.

The law in my state for evictions is for the tenant to either not pay rent or if they don't comply with their lease.