I know several folks who've been doing rowhomes on Federal Hill but know absolutely nothing about the city or different areas.

He's committing tax fraud.The Current AFR "applicable Federal Rate" is 3.32% Which is up from 3.25% a short time ago.I recommend going with this.

My goal for 2014 is to buy/renovate four to five homes and buy and hold at least two additional rental properties.Currently, I'm a full time Federal worker (I write contracts) but my roots are in construction.

There's a federal tax credit called the Work Opportunity Tax Credit.

.· Assets may remain at borrower’s own financial institution (BofI Lending would be added as a creditor/beneficiary) or they may be deposited into BOFI Federal Bank.· Available on all scenarios; all products, occupancy types, property types, Interest Only, etc., and may be used in conjunction with Asset Depletion.· 10% down with no Mortgage Insurance and loan amounts up to $5,000,000 or more….· No charge to lock - $250 admin fee is the only cost of this program.· Compensation is paid out based on the higher loan amount Sample scenario of a loan · Transaction Type: Purchase· Purchase Price: $2,500,000· Loan Amount: $2,000,000· Property Type: SFR· Assets: $2,000,000· LTV: 50%· Effective LTV: 80% (with pledge)

In more states, RTO is considered a credit transaction which would invoke the need for whatever licensure the state feels appropriate, and compliance with federal laws related to lending.

EPA does have some federal regulations related renovation and pre-1978 housing but I don't know how enforced it is.In any event you could not have it tested now.

It should reflect on your schedule E of your federal tax returns.

How do I go about contacting the bank real estate department (navy federal) to purchase the property for a discount?

CNN: Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty.