I know a vacancy is tough and it can be hard to find tenants in the winter, but you have to weight the costs and benefits and decide.If it's harder to find renters in the winter, try offering a month-to-month lease just to get through the winter, then move back to a one-year lease in the spring.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service.

-House hacking would be a major benefit.

By doing so it will encourage them and that will benefit you and them. 

It will familiarize you with the basic terminology and benefits.

I believe if I can’t qualify it’s still a benefit for me to be able to save more money and better prepare myself! 

I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money saved up, good credit score, and I have access to VA loan benefits where I could get a very low down payment.

There are many DSCR lenders that do not report to your personal credit report, however there is no benefit in this since you are still a PG on the mortgage.

., kitchen renovations), it's generally allowed as long as it doesn’t directly benefit you personally.If you need tailored tax advice, we’re here to help.