This was a project I did with an out of town investor, the house is in Jacksonville, Florida and he lives on the west coast.

Since that market is in flux (with a good chance of a decent decline), I'm taking some time to explore other markets in addition to Vancouver.

Expenses incurred before the in-service date will likely be capitalized (added to basis) and depreciated over the life of the property.It’s much more beneficial to deduct expenses in full as opposed to capitalizing and appreciating them, so it’s important to advertise the property as soon as possible.Since you’re doing rehab work, it’s also  important to note the different tax treatment of expenses with respect to repairs and capital improvements.These talking points should certainly be explored with a professional.

If I choose to wait the 30 days, I've already qualified for a 30-yr. fixed with cash-out up to 75% LTV @ 5.25%  Ultimately, this might be the best bet, but I'm exploring other creative opportunities.  

I actually have gone through 2 brokers and Vermont Mutual seems to be the only game in town at least through them anyway.

Located in a rural town in South Louisiana. 

I went to get a building permit from the town as the "home owner" and they said that since I purchased the home under my LLC, they want me to sign an affidavit stating that I intend to live in the home once the project is complete.

Hello everyone,I have found a property that after running the numbers works out well, but it is in a college town.

It seems like it'd be an effective strategy if I built a brand in my small town and surrounding areas where people knew they could send me a lead of someone they knew, to make some quick cash if I closed on that deal.Assuming this IS completely legal to do, it leads me to a couple different questions:1.

I already own two single fams in Indy and one in KC so I already have out of town real estate teams and contractors in place.