You’ll need to submit 2 out of the 4 documents - driver’s licenses or state ID, homeowners tax exemption, bank statement dated within 30 days, or official payroll documentation dated within 30 days. 

When a squatter decides to park his RV across the alley from the d**e house, never expected it to be Walter White.

Consulting with a contractor or local building official is advisable to navigate compliance with safety requirements while optimizing your renovation project effectively

That’s another reason to hold off on an offer, since there's no proof of cash to close yet.As for the HELOC funds, I'd proceed cautiously with borrowing from other sources if you’re not yet certain the loan will close, and I’d double-check if your application has been officially approved. 

@Terrance Coleman congratulations, you are officially now part of the 6% club. 

It's great to ask these questions in the forums to get a feel for things but it's not a substitute for getting "official" advice from an REI-savvy tax pro that you have hired.Regarding what to deduct versus what to capitalize (and depreciate over time), your tax pro can walk you through that for each line item.

This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.

They are not thinking about long term values just park money safe for income.Every one of my clients situation is different so they go to my site and fill out a form and once I review I set up a call.

Hi,I'm wondering what the official term for this type of deal.

A lot to unpack but my overriding 'advice' for what it is worth is to make sure you seperate the values of the park and the tri plex and analyze independantly.