This involves purchasing a property with 1 to 4 units using an owner-occupant loan.

The property should be clean, functional, and safe.A well-maintained property attracts higher-quality renters that will pay more, stay longer, and take better care of the home.

Property taxes and insurance are typically the two biggest recurring costs.

Prior to the 1986 Act, real estate investors were able to offset their rental property losses against their active income including w-2 earnings and profits from businesses.

(Property is already in poor shape).

Quote from @Darrell Kirby: I have an agent that has been attempting to sell my property(Duplex) for 190 days.

Just last week, I closed on my first multi-family property, and I’m scheduled to close on my second next week.

I do work remotely from the home and was also wondering if I could write off the portion of where I use the space as a office on the same home as he’s claiming without causing any flags on the property address.

Hello,I am looking to sell a partial of a note on a property in Colorado.The property sold in Sept 2023 for $130,000.

I know it will not be 100% accurate, but I want to be able to have a range in terms of prices for renovations, just from eyeing the property myself.