Hi All,My name is Kristen Graham and I currently reside in Dallas, Tx working as a private equity fund accountant.

If less than that, let's say 80%, you deduct 80%. 2) if you use the money for the personal purpose, it is not deducted. let's say you use remaining 20% from above eg on a car, you can't deduct that. 3) if you hold the money at the bank that is your rentals bank account for future repairs and capex, it is deductible at the rental level.

Recently, I graduated from East Carolina University with a Bachelor in Science (Accounting).I always wanted to get involved with real estate, although I didn't know for sure which avenue I wanted to take.

First, Rentometer is great for a ball-park figure, but it doesn't take into account a lot of information on the house (type [SF vs. duplex], square footage, condition, finishings, etc.)I would recommend reviewing rental listings on Zillow/Craigslist that are comparable to your in-laws house so you can get a better idea of what rents would be. 

Don't forget to take into account all of your expenses if you're doing buy-and-hold (especially in Columbia, MD with the Columbia Association fees on top of any other special tax assessments that may be there). 

We often get referrals contacting us from around the world as our former tenants have told them to reach out to us before they come to study at the local university.

He was not the only contractor at the time that gave me a $300/day figure.I started a business selling and installing accounting systems.

Never count your commissions until they are deposited into your account!

I am currently 19 years old in my second year of university studying Finance with the interest of pursuing real estate investing and financial freedom. 

I've been studying it and reading books non-stop for about the past 6-8 months and I can't wait to get started.