It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

After 2-3 noise complaints and a discussion, I speak with the tenant and tell them that they may benefit from a single family home instead of an apartment or maybe a different kind of apartment setup and that I would be happy to let them out of the lease if they wanted to move. 

Read on as William Owen discusses the ATI Exemption, how property owners can benefit from this tax law, and how to apply for yourself!

If you are looking for a more laid back and roundtable type discussion of all things real estate, you are more than welcome to join us every Tuesday morning on Zoom or Thursday morning at Kairos Coffee where we discuss everything from assumable loans, to creative buying strategies, to landlord tenant laws and pretty much everything in between! 

Creative financing is ruling in this transaction space.Would love to discuss the opportunities you are seeing in the sub 50 unit universe and the best creative financing approaches for these deals! 

I'd love to connect with you and discuss your strategy further!

Looking forward to the discussion!

My partner and I have already been discussing real estate as a long-term wealth-building strategy, and house hacking is definitely on our radar.

I will send a link to this thread, and maybe after the holidays he can weigh in. 

If you eventually convert the property to your primary residence and later sell it, the taxes would be prorated based on the ratio of time the property was investment property.These items should be addressed and discussed with your tax and legal counsel to ensure that the exchange is the best course of action given the restrictions and requirements.