Phase 1 - demo of a greenhouse sitting on part of the land - site utilities and 12-unit building turkey construction budget $2,043,100.00 -- $2,177,500.00The estimated rents would be approximately $1k per unit on average for mix 1 2 & 3 bedrooms- I feel like construction is so expensive and the market doesn’t support higher rents from what I’ve researchedShould I : 1) try to partner with the local government for affordable housing loans and grants?

Search their personal and company name for past or current lawsuits (public record in AZ and easily accessible through government website)3.

If so, does Idaho state income tax impact my Federal tax return at all (i.e. taxed twice?)

I'm not exactly excited for my funds to be tied up for a year while the house is being built but I could borrow against myself (TSP - government employee) or sell some stock/use some of my cash ~$130k.

Hi guys,Quick question..I have W2 job and last year did around 85K gross from my job..Also in October last year I bought investment/rental property with 30% down..today my tax person told me-I owe the government $ 3,5K ...please keep in your mind compare to my coworkers I am paying crazy amount taxes during the year...I know each case is different and unique but is this even possible?

@Jasmeial Jackson and Account ClosedYou both seem a bit naive about federal laws regarding this.The primary law that governs how institutions can use or share personal information about consumers is the Gramm-Leach-Bliley Act of 1999.

.) ($115k times 5 times 3.636363% = $20,909 @ 25% = $5,227)So my WAG = $22,477 taxes owed federal plus any state taxes where you and/or the property reside. 

People tried to purchase RR’s Pacific Palisades home while he was President with a fraudulent transaction and were convicted and given a Federal vacation.  

I thought I did all the math (Federal capital gains, GA taxes) but panicked when I realized I'd likely have to pay CA capital gains on top of these?

Section 8 is a government program that allows you to rent properties to lower-income residents in the Section 8 program.