This applies to individuals with annual incomes of $500,000 or more (or $750,000 or more for married couples filing jointly).For Medicare Part D (Prescription Drug Coverage):The premium varies by plan, but high-income beneficiaries pay their plan's premium plus an additional $81.00 per month at the highest income level.The minimum monthly amount one will pay for Medicare in 2024 is $174.70.

I applied in May and appraisal was completed in less than a week.

@Anthony PerezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I have not previously applied for a loan that encompasses both the business and the real estate.

So now, let's apply the same reasoning to any industry of your liking within the residential home maintenance world...where IS the line?

(At that point, you would review the loan with an attorney who would advise you if it is necessary to board the loan with a servicer licensed in that state.)FINAL THOUGHTSNo matter which scenario you choose, it’s helpful to use a high-quality loan management software program to keep track of your loans.Additionally, even if you are using a servicing company, you owe it to yourself to know what they’re doing and how the income is being applied.

@Jason Conner I have applied construction loans for newly created business.

If you’re serious about a STR you should start researching markets, understanding local regulations that may apply and then looking at properties and running the numbers.

. ❤️‍🔥.How accurately does this apply to you?

You can apply to remove PMI early if the equity is there.