@Erika Caba I think if at the end of the year when you can evaluate the situation as a whole with everything taken into consideration and are looking at your tax returns if your goals have been accomplished with this building, whether it’s positive cash flow, off setting W-2 income, whatever, then I’d say it’s too early to throw in the towel.

However, if you're investing in low income neighborhoods they are by far the best tenants you can get because most all of them are by and large animals, but these animals stay longer and come with guaranteed rent.

Development: Fayetteville Officials are seeking nearly $30 million dollars from HUD to reconstruct low-income housing on Murchison Road and Elliott Circle.

It's usually more tailored for rental properties, covering things like loss of rental income and liability.

Hi all - wife works at Amazon and a substantial part of her income is guaranteed monthly bonuses and eventually RSUs.

You may be able to approach the current occupants and ask permission to view the inside, but permission is not guaranteed.

If your licensed as a realor doesn't all the income you make have to be reported as earned income rather than passive? 

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

Decide if you want to focus on short-term tactics like property flipping, long-term wealth creation, or passive income generation.

Hi guys, does anyone have a free excel template for income and expense?