If you want to do multifamily, apply for PM roles, underwriting roles, etc within larger groups.  

They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

The MLS rules prevent your contact information from appearing on websites, but websites are required to show the listing broker phone number.

does anyone know if having real estate investing in our LLC Name.... would be considered more risky to DUNS ...and applying for business credit?                                                                                      

A general "rule" on house hacking: The more uncomfortable you're willing to live, the better the numbers will be.

Michael Trofimoff is her business partner according to the case information, evidence and rulings by the judge.

3) What are the rules around snow removal?

First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.