If you flip a house with in a year and incur a tax rate, “ordinary income”then does all of your other income from your rentals “long term income”get taxed at the same rate as ordinary income?

I'm currently exploring the possibility of buying my first home in the Pine Hills area of Orlando, with the intention of house hacking.

My wife and I currently have 2 house hacked properties in Colorado.

My plan is to live in the main house while renting out the ADU and the condo.

What is your finance position to buy houses right now?

Matthew,I feel your pain, Im about to buy a town house in Watford.

If you rent by room, chances are you are going to have higher cashflow than renting out the entire property as one.You will be having more than one lease in the house, so there are a lot more moving parts that can increase your chances of vacancy and maintenance issues.

House cleaners of national property management companies typically earn nearer to minimum wage and have low incentive to actually 'care' about the condition.

Kennesaw also has an ordnance that requires heads of house hold to own a firearm.

My brother, who owns a business, actually recommended keeping the house and to use HELOC for the second home.