I can’t get my budget in order because this one builder won’t give me an estimate until I’m ready to apply for permits.

If you were to purchase a $400K property in either of these cities today, applying the 3.5% growth rate, that same property would be valued at around $566,000 by 2034.

And that rule doesn't apply to someone who is not a real estate licensee." 

She is applying with her boyfriend who is under 18 and has been emancipated from his parents. 

I was aware of UBIT and it applying with the use of debt, but I wasn't thinking about it with regard to the depreciation question.

But, keep in mind, the PPP applies if you refinance as well.

_____________________________________________________________Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The applicant applies and pays for the coverage, we're listed on the policy as the insured.

The arms-length rules apply to you as the account holder, but they don’t automatically extend to other cash investors.

--- The property is not in showable condition, so no one will want to apply.--- The tenants just won't cooperate:Yes, you can try to get in with a Legal Entry, but then they can easily sabotage the showing by:----- Being rude----- Keeping the house dirty (or worse)----- They can keep an aggressive dog in the house when they are not there----- They can deliberately leave an unattended minor alone in the houseYour current PMC should be taking the time to address and explain all this to you!