As you can imagine I have dealt with over 100 client property owners and essentially over 100 different personality types - from ones you want to be a part of every decision to ones I almost never hear from.If you truly only wish to see that data, then I do not think you are asking too much. 

Institutional hard money lenders will not lend to you personally or on a home you are occupying.

I'm asking specifically because I am thinking about throwing a treadmill or elliptical machine in the living room if the person wants to exercise a little while they're there.The unit isn't huge (around 1k sq feet) and it will probably look tacky, but I was wondering if other people have found value in providing some simple exercise equipment, even if it seems out of place.

Secondly is this person currently in the section 8 program, and using a housing choice voucher (HCV) for their rental ?

In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

Thank you Personal income taxes are either Federal, or state/local.  

I do believe that your HELOC will be a great source of capital to start your first deal but I wouldn't use it as a down payment (Speaking from my own personal experience).

This happened almost a year ago and I have not been able to reactivate my personal accounts.

The son lived with him, was a co-tenant on the lease, and was the main person making the rent payments.