Incredible lessons learned on how detailed the city of Bellaire requirements are, working in the floodplain, balancing multiple projects and scaling the business.

I'll send you a note of what you should require of your GC.Keith

If I would require some documentation from the city, would that trigger them to do the property lookup?

You are not required to file TODAY.

The deal was identified by my real estate agent and requires a quick closing.How did you finance this deal?

The city has changed Section 8 requirements multiple times lately.  

However, safe harbor is not required to claim QBI; you can still qualify under general trade or business principles.

As for holding periods, some lenders may require you to occupy the property for a short time before converting it to a rental (typically 6-12 months), so check the fine print on that.If you’re set on making it an investment property, you may need to work with a lender who specializes in investment properties, even if it means a slightly higher rate.

You either have verified income and meet the other requirements, or don't. 

Hello, can any Chicago lawyers or property managers shed more light on the new flood disclosure requirements on the RLTO?