After verifying his employment and income at a job he has held for over five years I feel confident in offering the house to him.He is happy and says that he will meet with me on the weekend (almost four days away) to sign the paperwork and pay deposits, etc.

My wife and I were self-employed for 7 years before moving into REI.

My name is Jessica.A bit about me: I'm in my mid 20's and currently self employed.

If not, would the employer consider helping to offset your loss?

I'm self employed in the IT field, I'm looking at this as a retirement plan.Even if I just break even each month, I see it as paying for the house and contributing to my retirement savings.I believe in the concept.

From the perspective of income taxation, that would be less accurate, as rental income is not subject to many of the "self employment" taxes ...

It's 'partly' characterized by the media's new coverage of a hot real estate market (they were just saying 6 months ago about how the market was still slow), employment going up, competition fr properties becoming fierce, out of state investors coming in, etc.Are these the characteristics of 'Concentration' Dale Osborn ?

One of them even had the audacity to ask me to have my employer provide a letter explaining why they gave me such a large pay increase last year and explain that it was worth it.

Looking back: as a landlord its made me more aware to keep window sills in older units cleaner and I always employ a wet dry vac to clean window sills out before I give keys to a new tenant when doing turn overs on apts.

Not having seen it, I can also see where the IRS would be interested in fair market rents as to taxable gains or taxable amounts of benefits not being paid for, much like an employer providing housing and the employee not claiming that benefit, probably along the same lines.....And, there are different tax treatments for financed transactions, so there is another tax issue I can see.