In my opinion, and I looked deep into this issue, the IRS position is not supported by the actual law.

(hopefully you select the correct one)You may want to reach out to customer support for freetaxusa and turbotax and see if they are able to help.

Most are routine purchase and rehab projects with enough profit to support the loan amount at 100% LTC, e.g. 100k purchase, 20k rehab, 160k ARV, per lender underwriting standards.  

Fueled by a robust education system, a supportive business environment, and an enviable quality of life, Austin continues to magnetize companies and is poised to lead tech innovation for years to come.

I urge everyone to review and get involved quickly as the timeline is very short to provide feedback.I have attached the supporting documents for everyone's review.

Having supported several investor acquisitions of small balance multi family recently and originating mortgages for the better part of two decades here are some quick pointers and considerations for investors: - Residential loans are considered multi family properties of 1-4 units.

I'd suggest he clear his cookies and re-login and if that doesn't work, to just email support@biggerpockets.com

In fact, we have a flip coming to market soon and we really needed stronger comps to support the price point we're going to be pushing.

Comps may seem to support a certain rent or price, (high or low) but it may be pulling data from an adjacent neighborhood that's much different.Plenty to choose from here - good cash flows in the lower priced properties, but an awareness that it comes with less appreciation and rent growth potential.

But if you plan to scale up, aren't you talking about $1mm to $2mm upfront cash to support your deals, prior to lenders?