@David PopeYou probably inherited a 5.6% interest in a partnership which owns the property, as opposed to having a direct 5.6% ownership of the property.

I am considering a 12 unit multifamily property in my home market of Harrisburg, PA. 

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

I’m a high income W2 earner getting hosed on taxes (currently own 5 properties).

Connecting with local investors or agents experienced in VA loan-friendly multifamily properties can also help.Good luck!

I want to get control of the properties, remodel and furnish, while protecting this investment.  

I have several duplexes and small multifamily properties in the area and they have been great investments.

My personal credit score is a 780 and I have multiple other properties but still not busting the DTI metric. 

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”

Have any of you ever successfully assumed a VA loan on an investment property?