Alternatively, target non-FHA buyers to avoid this issue altogether.Consult a Real Estate Attorney: Ensure your contract language is solid, especially with regard to title protection, seller obligations, and your rights in the event of default or dispute.By balancing your need for control with the costs of formal closing, you can structure a deal that works for both you and the seller while protecting your investment.4o

Alternatively, if you gift the rent outright, you can't deduct expenses.Home Modifications: Yes, you can likely deduct expenses for modifications like adding a ramp, as long as the home is considered a rental property and the improvements meet IRS guidelines for being necessary improvements.

Alternatively, you could provide a credit towards closing costs.

Just having that information might get them in trouble unless they have a good alternate source of the information. 

A hard money loan could indeed be a great alternative for your current plans, especially if you're eager to get started on your rehab project sooner rather than waiting for a conventional mortgage approval.Our fix-and-flip loans are designed specifically to provide real estate investors like yourself with flexible, short-term financing solutions.

This is far from passive. 3) alternate rent models (rent by room, STR, MTR).

If you feel your CPA may not be fully up to date on certain aspects of your particular tax situation, especially with multi-state holdings, consulting another professional can offer fresh insights or alternative strategies.

Alternatively you can have your bookkeeping track these things.

Both private money loans and hard money loans are popular alternative financing options, but they’re different in key ways.Private money loans are like borrowing from friends or family, but on a bigger scale.

I may have to look for other alternatives.