If I read the story correctly, your client did not report rental income.

I asked if you know of the statutory support for it or court cases. 

I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!

Those are the cost of doing business.I will use my clients property, purchased last year as an example:(57,000+6228-3500)/$190,000=31% IRRMy client lost money throughout the year(repairs, vacancies, etc) and had an 8.1% interest rate.All this to say if you can stomach a few down or flat year, you will make a killing!

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

Hey @Helena GoyvaertsWe have several foreign investor clients. 

Southbridge and Webster are cheaper as well.There will be obvious trade-offs in terms of location / amenities and price but i have seen good traction in all of the aforementioned locations.I'm looking for househacks for clients around central Mass and while they're not impossible to find by any means units in Worcester are typically trading at $225-250.

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

If you want to violate them thats your call. but since your asking sounds like you want to follow the laws which I support and would recommend.

I have a couple of CFO clients in KC that might be interested (or know people that might be interested).