The IRS typically selects returns for audit based on unusual or suspicious patterns, not the sheer length of a return.

Hello BP community:I am under contract on some land that I am considering building multifamily on.It appears I can build approximately 80 units on the land (based on permitted density), which could be more or less units depending on the exact style of units we would construct (one or two story, etc).

Hi everyone,I’m based in San Diego and looking to purchase my first investment property by March 2025.

I was slow to start because of limiting beliefs about myself, based on my upbringing and what I saw from my peers (military).

You do have a lot of leverage, and your comfort level is a personal decision for you based on your finances and ability to sleep at night. 

You will need to supply more detail to your request to figure out which lender might be best for your project.Thanks Steve, Preferably a bank with checking, that will finance multifamily for my LLC, based on the asset and its existing and potential returns not necessarily my credit or income. 

If the seller or seller's agent is forthcoming with any information related to missing Certficate of Occupancy (CO), you can potentially negotiate based on the work needed to obtain property COs and permits. 

I see you’re based in Philadelphia as well. 

In short it doesn't matter if you increase how much income a residential home is leased out for that will never improve your property value it's always based on how much homes in that area sell for. commercial real estate on the other hand has a few other ways properties are valued including the income approach.

I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop.