Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

Qualified Joint Venture reporting is not available in this situation.

Hi everyone!My name is Ryan and I am a new real estate investor out of Woodstock, Ontario, Canada. I purchased my first buy and hold SF rental property last year and turned the property into a student rental as it ...

In short, I purchased my primary residence in 2017.

Contact me if you'd like a lender recommendation.On top of the MACU loan, you can buy a STR as a second residence which only requires 10% down as well.  

HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

This means that your permanent residence is excluded (except if you are doing a house hack in which the part that is rented out is eligible for cost segregation).

No qualifying and the ability to use your money to purchase something else?

Greetings,
My first home was paid off over a year ago, and I am now living in my recently purchased 2nd home. I have been renting out the first home to a family member under no official contract, but i want to establ...

Keep in touch with your lending partners for each one so you can understand whether you need departure residence income to qualify for the next or not.Finally, if you're investing with a Significant other, I recommend considering a "leapfrog" strategy where you buy one, then your partner buys the next, and so on.