Update

[Vdad]

Vicky,

I think I'm with ya.. So cash flow in real dollars monthly and are you able to come up with enough expenses to show it as a negative income (good) on the tax return (schedule E)?

I hear you if it's giving you cash every month! Don't let him off the hook on the mortgage by refinancing either, it's leverage for later. But if he will quit-claim off the (title)property that would get rid of his interest and put you in control. Rates on investment props aren't a great deal right now anyway..

Good for you on all of the other things as well. I am having to get real with my W right now over money, kids, etc...

Stay the course!

V