Required distributions from qualified retirement plans.This is controlled by Section 401.

As long as the rents can cover both the current PITI and proposed P&I payment, credit is at least 680. you should be able to qualify. 

My niche is the small amount of qualified Sending land that is also priced well below the value of the new credits that can be clipped off and resold for an arbitrage profit.

I thank them for their interest and let them know they do not qualify. 

Which increases paperwork & costs for little benefit - if any.4) You'll need an entity in the US.You need to discuss all this with a qualified tax professional or attorney.- For our clients, we provide consultations with a tax attorney that handles over 300 foreigners legal & tax needs.

I would like to qualify for a BRRRR after everything is finish.Thank in advance for the information. 

Some costs MAY qualify as startup costs if the rental rises to a qualifying trade or business level under 195 as well.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.

Hopefully they have enough income without the rent to qualify.