With these entities, any profit earned from the rental activity is “passed through” to the owner or owners’ individual tax returns and they pay tax on it at their individual income tax rates.Thanks.

- bought house in May 2016 for $212,900- Mortgage balance is around $182,000 at 3.5%- I’ve put around $15,000 into it- 2017 tax assessment: $225,000; 2018 $250,000- would list for $269,000.

Of course you can do what you want, but there's a good chance it will not go as planned, and either you or the tenant will not be happy.If those decks are due for a refinish, and the refinishing is pretty easy, who don't you send a handyman over there to do it, or go over there yourself if you're a more active sort of landlord?

Zelle .com has partnered with over 30 banks in the U.S. to send money to individuals regardless of who they bank with and the funds goes right into your account.Just make sure you have a unique email or phone number so your tenant can add you as an contact to pay you.After the setup of your chase account and the activation of quick pay, test it yourself to ensure it works correctly (which it would) try having someone you know send like a $1.00Hope that helps...sorry for the long memo...

If you are a troglodyte and simply say "um" & grunt now and then, you probably won't like being an "active" investor.

I refer you to Florida Statues 475.42 and 475.43 and the following URLs. https://www.richardhornsby.com/crimes/regulatory/unlicensed-practice-of-real-estate.html https://swflreia.com/2016/01/19/unlicensed-real-estate-activity-florida/ I have been a Real Estate Investor, since 1998.

I am active in the same areas you are looking.

And when mixed with the power of compounding, real wealth can be generated from a relatively modest investment.The real return on real estate is not always easy to see, which is perhaps why investors do not pursue it as actively as investments in equities or fixed-income instruments.

I would say to learn a trade that interests you to actually do and just learn enough about the other trades to be able to assess the proper way to fix problems and make sure you don't get screwed.

are all lawsuit bait.BE AWARE - the state employs “testers” who actively try to trap landlords, lenders and others into making discriminatory statements or taking discriminatory actions.