It makes the Mayor look good I guess to reduce homelessness that way.I wonder if the Tenant can be charged with perjury for lying?

Prior to the 1986 Act, real estate investors were able to offset their rental property losses against their active income including w-2 earnings and profits from businesses.

If you have an opportunity presented, and your equity can earn more money in that deal, then I would roll it over.

Then when you get ready to retire, if rates have come back down and you want to "earn" more cash flow by getting rid of your debt, have at it. 

This prevents a prospective tenant from re-using that same code at a later time or date.It's a trusted, efficient, and proven process that significantly reduces the cost of overhead.Since 2019, through our platform we've scheduled over 160,800+ showings and placed over 6,700 tenants for our landlords.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

Acclimating for at least the manufacturer's recommended time period, temperature and humidity prior to installation is key, as well as keeping the subfloor at the recommended temperature during install and after, sanding down any high spots/leveling the subfloor as much as possible (less than 1/8 in. over. few feet is ideal), leaving a 1/4" gap against the walls for expansion, and limiting the number of heavy objects placed on the floor in one area can help reduce gaps forming after install.

That approach seems like it would reduce the chance of deals falling through, and I can understand why it would be standard practice.

It is expensive but money is not cheap at all nowadays and as others mentioned even getting a LOC against a rental property is a huge score as not many lenders are lending on that product.Question I have is what are you using the $ for and can you earn it back? 

I’m especially interested in house hacking as my first investment since it seems ideal for building cash flow, reducing expenses and gaining experience without heavy initial capital.Questions & Market Focus:I'm still learning, but I’m starting to research these four markets to understand which may be the best fit for house hacking.