Are you trying to buy the property from the owner and pay off the property taxes, or is it going to tax foreclosure?

Requiring xyz% of new housing to be affordable....find me the studies that indicate this will actually lead to housing affordability....eliminating the 10 year tax abatement that unlocked revenues that are 10x what the city of Philadelphia would've collected on many parcels that would never have been developed if not for the 10 year tax abatement etc.....

Necessary Stats:Credit Score: 740+Loan Type/Amount: Conventional/$320KProjected Income: $3100 (including me paying myself rent)Down Payment: 5%Let me know if there is extra info needed and thanks ahead of time for any advice that is offered!

When it is a new development, it isn't uncommon to see someone use the date the Certificate of Occupancy was issued - perhaps that marks the "ready", but it still might not be "available".So you can certainly have a property in service in a given year, but not actually have any rental income - but certainly your facts and circumstances are much better if you can actually get a tenant in there, that (should) shore up your defense on that question ever coming up unless you are playing weird games just to get a given in service date for tax purposes.

I owe a mortgage bal of $126k on a property worth $375k and have about 8 years to pay it off; rate is 3.37%.

There is also a mismatch on what he was paying for rent versus what he disclosed on his application (previous rent was lower).

(There are also fancy lofts for much more per bedroom.)I just heard from someone who is looking at my furnished listing that they'd like to pay $950/bedroom and think that's justified based on the other places they're seeing.

I was curious if anyone had insights on my scenario:Parents are living apart, yet still file federal taxes as 'married', but file individual state returns.

Having been in the lending space for a while now,  Interest income is not passive - its considered/taxed as ordinary income- just like interest you receive from your bank and savings account.Regarding profit and expenses from a flip, "that depends" on many factors but again if its short term capital gains, its not tax friendly.As always consult with your tax advisor / CPA. 

Not sure about your comment on paying close to retail at a tax deed sale.