The value dynamic that occurs is called diminishing returns, where the first unit of feature is worth one amount and subsequent units of the same feature are worth less.

My wife and I are self-employed, make between $200K-$300K in earned income and some unearned ordinary income, and have a good bit tucked away in our SEP and traditional IRAs and plan to continue to put money in them in subsequent years.

Furthermore getting that experience will educationally set you up for a subsequent multiple unit investment.

Hi all,

I was interested in finding out the IRS rules for converting a long held Rental Property to a personal residence and then sale down the road to take advantage of 250K/500K deduction (and any depreciation reca...

Any statements with respect to problems or with respect to the availability or existence of any of these items which were made by the REALTOR and his/her associates were made based on information given to the REALTOR by the Seller/Owner and/or government agencies, and/or others, and there is no intention that the Buyer rely on the statements of the REALTOR and his/her associates, and the Buyer is urged to confirm any such statements on his/her own.Having read the foregoing disclaimer, I/we, the prospective Buyer(s), by my/our signature(s) below, state that I/we have not relied upon any statement given to me/us by the REALTOR and/or his/her associates with regard to the property, and my/our decision to make an offer on the property and to subsequently purchase the property is based on my/our independent decision with or without legal counsel.

Unless you don't want to be a landlord for that building, which it sounds like you do, then the chances of this offer or subsequent offers being in your best interest are very small.

And just because I'm feeling like a party pooper anyway - @Shawn Corcoran, the 1031 must be a sale and subsequent purchase of new replacement property. 

In a recent discussion with my go-to mortgage lender, it was stated that House Hacking using a FHA 3.5% down loan is a "one-and-done" thing because the FHA underwriters will almost certainly not approve a subsequent loan request on a 2-4 unit home because they will deem it an attempt to buy investment properties instead of truly owner occupy.Since I know there are surely many people here that have house-hacked multiple properties, I wanted to ask . . . have you used the FHA 3.5% down loan subsequently or multiple times? 

and/or subsequent pet deposit and fee, if the Lease stated No pets but they then got one? 

Loan Fee Rates for Loans Closing On or After April 7, 2023 and prior to November 14,2031VA Purchase or Construction LoansDown Payment Amount Funding Fee PercentageFirst Use Less than 5% 2.15%5% or more 1.5%10% or more 1.25%Subsequent Use Less than 5% 3.3%5% or more 1.5%10% or more 1.25%VA Cash-Out RefinanceFunding Fee PercentageFirst Use 2.15%Subsequent Use 3.3%Other VA Home Loan TypesLoan Type Funding Fee PercentageInterest Rate Reduction Refinance Loan (IRRRLs) 0.5%Manufactured Home Loans (not permanently affixed) 1%Loan Assumptions 0.5%Native American Direct Loan (Non-IRRRL) 1.25%Note: Reduced funding fee rates apply to loans made to purchase or construct a dwelling with aDownpayment of five percent or more of the purchase price.