21 December 2024 | 6 replies
The problem we are having this year is that IHA never stopped paying after the last two residents moved out.
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18 December 2024 | 9 replies
Quote from @Jason Ghent: Hi everyone,For the FHA, what about the case where you live in the primary residence but just rent out the remaining rooms?
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19 December 2024 | 8 replies
The only random thought that come to my head was I Just thinking about lateral versus vertical scaling.
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18 December 2024 | 3 replies
Quote from @Jeffery Campbell: Investment Info:Single-family residence fix & flip investment.
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24 December 2024 | 14 replies
Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.
16 December 2024 | 8 replies
I currently live in a single-family primary residence.
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13 December 2024 | 7 replies
Thanks for the vote morgan, unfortunately this was just a result of random research ive had
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18 December 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment.
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17 December 2024 | 12 replies
Yes, most lenders will require you to live in a primary residence before moving out, refinancing, or converting into a rental.