I earn 4% for a 6 month term and every 30 days one matures and I roll it over (usually adding additional reserves). 

It is nowhere near Sun Valley prices, yet you are only about an hour and a half away.Accessibility: Despite its rural feel, Mackay is an easy in and out drive from larger hubs like Idaho Falls, Hailey, and Sun Valley.Tourism and Recreation: The area has all the raw ingredients for eco lodges, cabins, adventure tourism, or even a boutique ski operation.

*** EDIT 9/12/25 currently closed for submission but will reopen for round 2! Thank you all for your willingness to help!! **** Hi everyone,

I’m Rene, Community Manager here at BiggerPockets — and I’m excited to sh...

Ok, what are common ingredients for that?

Therefore, we report income that we earned during the year, which includes wages earned from January to December.We would also include the roth conversion that is done during the year.It depends on how much of a conversion you do, how much other income you have, what state you live in, your filing status, etcBest of luck

In this situation, where there is no W-2 job or other earned income, the net income from real estate operations could be treated as subject to self-employment tax (FICA).It is therefore essential to maintain accurate and detailed records documenting your level of participation, income, expenses, and management activities.

That's $20,000 a year without lifting a finger.If I take my $500,000 and invest in a Smokies cabin earning $50,000 a year, I am buying a part time job and probably only netting $27,000 to $29,000 per year after the following expenses:Insurance - $3500 per yearTaxes - $2000 per yearUtilities - $6000 per yearRepairs & Maintenace - $7500 per yearHOA fees - $2000-3000 per year.Total expenses:  $21,000-$23,000 per yearIf I can earn $20,000 per year on my $500,000 with virtually no risk and no effort, versus another $6-8K for much more risk and headache, the juice isn't worth the squeeze. 

With notes, you can potentially earn passive cash flow without being a landlord.Has anyone here shifted part of their portfolio into notes instead of rentals?

@Ganesh Rao, @Karolis Matulis is right, specifically:If your adjusted gross income is over $150,000 and you or your spouse do not qualify as real estate professionals, then you cannot deduct your rental losses (meaning you spent more on your rental investment than you earned in rents, all your properties' income and expenses being netted) from your ordinary income.

I’ll be earning around $90,000 stating in May 2026 with another pay bump in 2027.