If you are seeking an actual private lender or direct HML  consider starting your search here: https://aaplonline.comThank you so much.

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 

Any creative ideas welcome thank you!!

The federal and New York tax credits reduce tax liability but don’t provide direct cash, so the effective monthly payment may rise if credits aren’t reinvested.

I've been a Pro member for several years, but am coming up on renewal and have changed direction to Notes. 

However, you cannot use IRA funds directly in the transaction you are describing. 

You will incur two types of costs when it comes to a flipA) Costs directly related to the propertyB) Overhead costs(I.E.

This is because the financials of the condo project will directly effect the value of the real estate as a collective, as compared to just your financial health on other types.

@Tyler GilpinEach HUD office in every County publishes FMR ( Fair Market Rent ) reports each year.Just google Name of Counit HUD FMR and it should pop up.You might have to dig around to find it.Or call the local HUD office and they will point you in the right direction 

Hey everyone, House hacker here looking for some legal direction with taxes.