I currently have a 5 unit 3 of the 5 units recently completely renovated and demo is almost complete on the other 2), a duplex, and a single family home (our house, future investment home though).  

Expenses directly tied to a deal that was pursued but not completed (e.g., inspection fees) are considered part of your investment activities and can be deducted as a capital loss in the year they were incurred.

Even if they couldnt offer the service to complete the form i would expect them to make me aware i needed to fill it out in the first 90 days as i am finding out now.

I ended up renovating the home completely and was able to increase rent and secure another 2 year tenant with three garages rented.

Every property we onboard the owner has complete control over their furnishing budget; we have never and will never dictate this.

I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.

I feel like a complete idiot, as I am not a newbie at all but had recently moved to Illinois, and most of the usual lenders I use do not lend here.The broker will now not respond to any calls, texts or emails.

What is the best way to finance a newly built, entirely new home on a property?  Either live in or rent out for a couple of years?Or sell within 6months to 2 yrs? 

Purchase price: $175,000 Cash invested: $43,000 3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sacCharming home completely remodeled.

They might suggest transferring the title to an LLC after you complete the purchase.