(more on this below).And Some lending institutions are even trying to claw back hiring bonuses previously given to employees!

The home features a great bonus room on the 3rd floor great for an office/ media room with access to the rooftop balcony.

@Donald Howaniec another alternative to a 1031 is to invest in a syndication (or fund) where bonus depreciation is being taken on assets as they are acquired.

If the tenants are ultimately paying the late fees are just bonus income for you.

The home features a great bonus room on the 3rd floor great for an office/ media room with access to the rooftop balcony.

Under stair storage is a bonus.

Philip - I looked at the past couple of posts that you started and you mentioned many things from BRRR, Flips, Wholesale, buy and holds.each category you mentioned is treated a little bit differently for tax purposes.

Falls into the "wadyagonnadoaboutit" category, but the fact that they are making money on the float off our properties and guests, in addition to high fees, is frustrating to say the least. 

Unless you are using commission, bonus, or have variable income to qualify, you should not need to wait 2 years for conventional financing, which will have lower rates and less down payment required than DSCR (assuming you plan to house hack).

Personally I wouldn’t count any Apple profits and just count that as a bonus unless you’re planning for that to be your new job.