As of 2024, the bonus depreciation is 60% (subject to change pending the passing of laws) which allows you to immediately depreciate 60% of the asset’s cost.1031 ExchangeA 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).

However, as a general rule, if you have two sources of income like that and you're using Schedule C to report your property management business, your income will be subject to self-employment tax in addition to income tax.

I know that a "subject-to" (sub-to) arrangement might work, but is there a way to release the other spouse from liability when using sub-to, or is refinancing necessary?

As Brie mentioned, you can not deny tenants because of their vouchers.There are other subsidies that you could look into besides CHA.I bet @Mark Ainley or @Jared Kott could provide some better context than me around the subject.

I do agree that having a clear timeline and budget is vital and am actively doing my due diligence with researching that subject.

., they're a Realtor) then they can be subject to discipline by the Maryland Real Estate Commission, and you can be compensated from the MREC Guarantee Fund.

Ok, for anybody still interested, I located the applicable regulations.Performing repairs yourself on property held within your SDIRA fall under United States Code: Title 26, § 4975, subpart (c)(1)(C) which reads:(c) Prohibited transaction(1) General ruleFor purposes of this section, the term “prohibited transaction” means any direct or indirect—(C) furnishing of goods, services, or facilities between a plan and a disqualified person;As stated above, it is a little vague and subject to interpretation.

Incoming Resident furtherrecognizes that any refunds of deposits will be made subject to the original Property Condition Report between Owner/Agent and originalparties to the agreement.3.

. - On the subject of gap funding, just don't.

Partnerships could be another avenue—teaming up with another investor could provide the financing you need.Lastly, don’t give up on creative financing; lease options, subject-to-deals (when the house is not free and clear), or finding motivated sellers could allow you to secure another property without disturbing that fantastic interest rate.