@Devakumar Sai Chinthala There are income limitations for passive losses, you should check with your tax professional.What will the property taxes increase to after you buy the property?

@Robin Cornacchio correct, there is no such thing as capital gain taxes for an IRA. 

It's fantastic and there's a great mix of investors at different stages there.2) Join the Metro Detroit Real Estate Investors Facebook group.

Quote from @Tomasz Kaminski: I'm looking locally at my county auctions and there's properties for sale due to foreclosure.

There should be something about needing a payoff letter.

How many Federal Government jobs is there?

Are there any pushbacks on this deal?  

How can they definitively say that VA loans can be assumed for investment when there is so much out there saying otherwise? 

Hey @Justin Brown, what @John Underwood said is spot on.SLC has been restricting STRs for a long while now and it isn't going to get better.People who have STRs in areas where they are not allowed are breaking the law and will eventually pay the price.Having said that, you should check and see if there are certain areas where it is allowed in some way and that is why they exist there.

This resulted in them noticing that there appears to be an ADU so he look through the records and I guess had never been permitted.