I toured the property when they were home and they asked me how the living situation was gonna work, which I explained that my loan said that I had to live on the property for a year, and the tenant next door was on a year lease & he was month to month... so he was going to have to leave.

I purchased my first single-family rental last year on LLC and I did the cost segregation study on that property now I talk with my CPA and mention about the cost aggregation study for filing the last year tax return (2024)he said that I don't need to use it because anyway my tax return is going negative because of all the expenses of closing cost insurance HOA and everything so what would you suggest me that use my Cross aggregation study for my tax return or not. thank you in advance for your response .

Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.

Get replacement cost hazard insurance along with an umbrella policy of at least $1M, probably double in your area.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

I currently own a 3/2 ranch home with about 100k in equity and have 100k in liquidity.

Taxes have to be paid, so does insurance, what about maintenance? 

.: Is it legal, per the IRS, to rent my primary home back to myself? 

They simply do Fannie, Freddie, FHA, VA, and USDA loans.

If you’re in the position to buy multiple deals because this nursing home may get properties frequently.