During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.

- Value add - How much does it cost to convert Non-climate controlled units to climate controlled units? 

Any investor or developer buy raw land lot (zoning code G) and go through the process with the city to convert to commercial use?

Converting a traditional IRA to a Roth triggers taxes on the converted amount, so plan accordingly.

Hi, I have converted 12 sfh to legal duplexes in oshawa.

He should read his mortgage and see what it says about renting and/or converting to rental.

Some rehab lenders have favorable refinancing programs to convert the rehab loan to permanent 30 year financing.

Most take 6-9 months to find the right asset to buy but occasionally some convert within 90 days.

query=garage#sear...If you can rent a 2 garage at $450 without spending ~$150k for a garage ADU conversion, no work/risk of the ADU conversion, the lower maintenance/capex, easier eviction, no rent control, less tenant interaction, it will not convert your SFR to rent control, etc, it seems superior to the garage ADU conversion.  

If you are not attached to the duplex, could be a good time to sell to developers who want to convert to individual condo units.