This will reduce your rental income and may even generate a rental loss.The article below provides a good overview.http://www.nolo.com/legal-encyclopedia/tax-issues-when-renting-out-room-your-house.htmlCongrats on the first property!

I just typed out a long email of why, then I clicked on the @Michael Blank article above and realized he said everything, but much more coherently than I can.

Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.By the way - here are my favorite articles on Wholesaling: 9 Reasons You Couldn’t Find A Buyer For Your Wholesale DealDon’t Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldOh - and be sure to set up some Keyword Alerts- especially for "Clinton" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

I've read the basic articles about foreclosures and it sounds like all the juicy stuff is happening at the county clerk's office.

I read an article in Harvard Business Review a while back that referenced some research that showed that job applicants who jokingly suggested a ridiculously high salary for the position they were applying for actually ended up coming out with better salaries.

I'm 21 making $35,000 a yr now while still in college full time.I read an article saying the FED might raise interest rates.

We've listened to (almost) every podcast Josh and Brandon have produced, read countless articles, and I've spent more time than I care to admit running numbers on various rental properties just to become familiar with the variables.

There is an article Brandon just wrote about seasoned experienced investors going broke.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessFinally -be sure to setup some keyword alerts - especially for "Atlanta" so you can jump into local conversations.See you around the forums!

And does anyone know a good book or magazine article where I can read about Sam Zell?