Best way to earn a grand without doing much and you won't be sued or have to file chapter 7 because you have no money and a lease option tenant decided to squat in your home.Mark

Been there and it's absolutely not a tax issue alone, so I have to stick to that, a C-Corp needs serious money to be taxed twice and you need to be in a higher incomr leelel to pay off, but retained earnings can have advantages.

The terms that you agree upon are obviously negotiable, but if you're willing to take a small piece of the profit in exchange for sharing your knowledge and guiding someone through the rehab process, that may be a way for you to build your cash reserves.If you take a big picture view and are able to use what you have (knowledge) to help others be successful, you'll be able to get what you want (extra income).I think you'll find that if you take this approach, you'll be in a buying position quite quickly.Best of luck!

So the "living in place" or however it is called phrase for seniors staying in their primary residences . . . they really just don't want the extra sq footage to, simply, worry about.

I'm not a landlord, not a tax professional, but my understanding is that:- If you're a professional landlord, income is considered earned income;- If you're not a professional landlord (you're renting out a room or the other side of your duplex), income is unearned income;- If you're selling a rental property, the income is considered capital gain.But again, this isn't my area of expertise...

A four bedroom 2bath within 15 miles of downtown Denver or Boulder can earn $2600/month.  

If not, there are other ways to earn a quality income (like real estate!).

She has two small dogs and pays $10 extra per month per dog for them as per the lease with the previous landlord (we bought the house in April).

However once that income is gone investment earnings will matter the most.

My ultimate goal is for passive income earned with these properties to cover my current living expenses (and hopefully more).