If this is elsewhere on the site I apologize, I wasn't sure how to even search for it. If not than awesome. Lol

I recently picked up half of a duplex being sold as a single family residence, I'm considering buying th...

You can either tell them you need an additional month's worth of deposit, a non refundable pet fee, or increased rent (or a combination of the above).

. Ownership of property that is held in the name of a limited liability company (LLC) or partnership where the borrower(s) havean individual or combined ownership in the LLC or partnership of 25% or more, regardless of the entity (or borrower) that is theobligor on the mortgage. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combinedownership in the LLC or partnership of less than 25% and the financing is in the name of the borrower. Ownership of a manufactured home and the land on which it is situated that is titled as real propertyType of Property Ownership NOT to include in Financed Property Count: Ownership of commercial real estate. Ownership of a multifamily property consisting of more than four dwelling units. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation and the financing is in the name of the corporation or S-corporation. Ownership in a timeshare. Ownership of a vacant (residential) lot. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership. Ownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).

wonder if any of these would workhttps://acousticalsolutions.com/product-category/sound-barriers/absorber-barrier-combination/

My question is do I claim the expenses for the LLC seperately on a schedule C, or can I combine the expenses with my rental on the schedule E?

It might take you some experimentation to find the right type of housing combined with the right tenant pool so that cash flow could supplement or replace income.

Whatever you owe or are owed from the first closing will be combined with your second closing and you will get a check for that amount.Also as Dan pointed out, who pays closing costs is dictated in the contract.

The combination of the holidays, local weather, and economic news caused some potential buyers and sellers to sit on the sidelines.

In your wife's case, she was trying to pay down her student loan debt (Dave Ramsy Style) but once you had an influence on her financials you dropped it to the minimum payment so that you could drop the DTI to make your combined financial picture look more appealing to lenders.

Technically, they would have to run the financials on the three of you combined and then determine if you still qualify.