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RE: Big News We Are Moving!!!
That is a great deal having a rental that covers the mortgage. You can save even more by being very shrewd on your taxes going forward. You can now write off any money spent on tools, paint, advertising, lunches, furnaces, co detectors, etc. cause all for your 'rental'. I worked with a tightwad that wrote 'everything' off against his rentals, even beer for his BBQs.
lol didnt think of that but you are right. i right off all my adventure trips my gear and expenses food etc... same thing really... addie's dad owns lamon tax services so nothing to it :) he knows all the laws for michigan and wisconsin...