The initial investment is providing a loan, there is no tax write off.Similiarly, there is no income recorded when you receive the loan proceeds back.The only time there may be a potential write-off of the original loan amount is if the borrower is not able to pay it back.

They are certainly not able to close.

Hi everyone, I filled my taxes jointly for the first time.
Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.
Is this correct?!

If you are not able to make a buying decision based on what you see in the video then this property isn't for you."

Notably, short-term rentals are categorized as non-residential properties.

Notably, short-term rentals are categorized as non-residential properties.

Hi folks,I'm looking at a listing that I'm not able to disclose but I'm wondering if I can get a residential conventional 30yr fixed loan for this commercial property.

They offer all the usual property management features, with some notable partnerships like accepting cash for rent at ATMs with something called Chime, and some sort of "premium maintenance" offering where you can sign up to get a handyman service.

WIth Lennar Mtg financing, Iwas NOT able to get anywhere close to their rate or cash to close with my wholesale resources. 

That will be a requirement to buy as a primary unless you are getting a relocation done with your current employer or finding a new job, if not able to work remotely.