We are an LLC, taxed as S-corp, with K-1s.

Can you remodel it using the FHA 203(k) loan? 

Hey guys i have a question about refinancing... i have a deal now 110 k condo i running the number this is a olace with no equity but i cash flow i can get $1800 market rate and  section 8 around $2000protpey tax 1500 annual 250 hoa snd now depending on the loan now my question how can i get my money back and which loan or mortgage to take if i put 20% 20% down?? 

Hi BP, Longer overdue update to the 203(K) house hack project.We finally found a property and the renovation is underway!

See 11 USC section 362(k)(1).Here’s the deal, just because the tenant filed doesn’t mean you are completely screwed.

Quote from @Mike K.: I'm looking at a older 2 story duplex with a unit on each level. 

Quote from @Dayna K hicks: it should say it is now rented to a non profitNice work Dayna!

Here are a few incentives as noted by the IRS:168(k) - Special Allowance for Certain Property (Bonus Depreciation)179 - Election to Expense Certain Depreciable Business Assets Other incentives included in the tax code, however, may reduce the need for a taxpayer to perform a cost segregation study because they give preferential treatment for certain qualifying 1250 property such as 168(e)(6) - Qualified Improvement PropertyHave you utilized either of these incentives as part of your cost segregation study?

@Jon K.

I have a company apron 20 something people we profit over 800k last year had it sold with 8 full price offers and 2 over full price offers didn't like the way our broker handled the deal so we moved on and we stoped i...