Converting to duplex can be a huge task.

- $500,000 Purchase Price- $0 Down Payment- 4% Interest- 30 Year Am- 10 Year Balloon- Monthly payment: $2,387Business Plan: Convert to 44-pad tiny home (tenant-owned) community that will cash flow ~$20,000/mo and be worth ~$3.5 million!

Current rent for a 3/2 is 2200$ .Is it wise to convert the officeroom into a bedroom by adding a closet and then market it as a 4 bed 2 bath for 2450$.What will you do if you were in my shoes.

But if they converted to investment anytime prior to today they are outside the 5 year look back and would have to 1031 if they want to sell and not pay tax.I just saw the end of summer comment buried in the commentary.

I bought a duplex that was being converted to a triplex by the former owner but he did not finish the process.

I currently have a SFH in 43219 that I am looking to rehab and convert into a long-term rental.

Hi Everyone,If you invest in a syndication using funds from your self directed traditional IRA can you take advantage of bonus depreciation to offset any taxable gains when you withdraw or convert to a Roth IRA? 

Are there any tax implications or mortgage barriers to building a home under the "second home" plan and then converting it to an investment property shortly after its finished?

I have seen groups convert larger 2 beds into 3 beds units, but it really sacrifices the living area and general flow.  

Looks for single families in RM1 zoning to convert to multifamily