Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.

Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.

In 2023, I started a part-time remodeling service business to supplement the income in my consulting practice.

If you're not careful, you can have your entire gain converted into non-exchangeable ordinary income. 

For the purposes of calculating the limited interest deduction, the total mortgage debt owed would include both the individual mortgage on Unit A and the owner's share of the underlying mortgage.So, the total mortgage debt owed would be $800,000 (individual mortgage) + $200,000 (owner's share of underlying mortgage) = $1,000,000.Therefore, the owner would be limited to deducting mortgage interest based on this total mortgage debt of $1,000,000, not just the individual mortgage.Thus, the deduction for mortgage interest would be calculated as:($750,000 / $1,000,000) * $40,000 = $30,000Therefore, in this scenario, the owner would be able to deduct $30,000 of mortgage interest for federal income tax purposes.

Man, online it says they are $15 a month. 

See if your state has an online calculator at this site:http://www.anytimeestimate.com/PA_HOME_BUYER/pa-re...

Get info from a few sources, online and at least 1 from a human (ie realtor). 

There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Especially the online Gurus.