IRS Approved" or "IRS Patented" @Yonah Weiss You are so right!

The unobstructed water views for both front STR units can be challenging to determine additional value compared to other 3-unit properties without views.

Baselane is doing the samething, it gets flooded with promotion on these platforms.The said CPA or his team actually got my client into trouble with the IRS.

How are appraisers approaching value on multi-family when there are extremely limited comps available?I am considering selling a two-unit in West Texas, but only one duplex has been sold in town in the past eight year...

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

Avoiding the ravages and savages of the IRS audit system.

DSCR loans don't require all of those things - your FICO and the income from the property are the main determining factors.

Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.  

My other SFR notes have interest rates determined by the borrower's cash, credit score and income - so market rates or higher.I understand the difference in performing vs non-performing notes and that performing can become non-performing pretty easily.