The seller and I are friends now and do business together even though a realtor was selling the property. 2.6 million this property will be worth verified with appraisals.

Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is taxed under the effective regime.

I'm also a skilled handyman and was considering offering my services to other investors as a separate business venture.My question is:Is combining buy-and-hold rentals with handyman services for other investors a wise approach, or will it spread myself too thin?

Targetting 1-2 customer types can really help you grow your business.

I would love to connect and discuss what my strategy is and in return get feedback from a professional in the area in hopes of finding a match that would be mutually beneficial and lead to a strong business relationship. 

Do you have a reliable contractor that you have done business with before?

I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months.

Chasing cash flow in these neighborhoods is rarely a viable business model as I've learned.

If you are buying mobile homes and fixing them up, your best strategy is either cash or a business line of credit.

When you graduate, fill your space with another student and then buy another house hack while you get started in the business world.Yes, you should work the "boring 9-5" to generate income and qualify for loans.