The investment, including all income and expenses, will go to and from your IRA/401k, not you personally.

Any one know the most one can receive in rental income while on disability in Oklahoma?

Then we realized that, rather than using every penny of income to pay off student debt, it makes more sense to buy more multi-family homes.Our goal is to buy one we can live in with our kids for a year, then move to our second one.

Finally, there will be federal taxes beyond beyond income tax, since you are considered running a business, you'll be liable for self-employment taxes related to the business income from your nightly rental business.The proposed legislation limits the total number of nights to 90 per year (for units that are not owner occupied, like a home).

I don't think I've been to REEN WEDNESDAY, AUGUST 176:00PMREAL ESTATE WHOLESALE / FLIP / SELF-DIRECTED IRA WORKSHOPSSelf-Directed IRA And Real Estate Basics31 Investors goingAnother Meetup by Ryland in FRIDAY, AUGUST 19 12:00PM PASSIVE CASHFLOW W/REAL ESTATE FOR THE WORKING PROFESSIONALWalk the talk while 'Walking at Heritage Park'Marina Park PavillionA meetup by @Lane K, a great out of state passive income investorREAPS is also a good place as long as that is the kind of community you seek.  

It's nice to have the steady stream of income and no hassle of turning it around, but now I need the cash (buying a personal residence).  

Also while many of the high income areas have far exceeded the peak of a decade ago, the lower income areas are less than 50% of their price from a decade ago.But over time, prices go up and down, and with a long trajectory will always go up because their is no fighting the economic force of inflation.

Always off the top ask for a 12 month Income Statement/P&L.

In your situation, the only thing that will likely matter is debt to income.  

When you go to sell the property in the future, any depreciation take over the years reduces the cost basis and will also have to be recaptured as ordinary income, when you are likely to be at a higher ordinary tax rate.