Publication 463 clearly states that the 50% limit would apply in the first three cases."

Good luck and if you apply yourself you'll love having your license!

Also keep in mind that rents are rising pretty quickly in the right neighborhoods so that 5% cap will be higher in the future.I've only got limited experience and got very lucky with my first MF purchase thus far (800K for a 4 unit in a very hot neighborhood with a current rentroll of ~$7K that is still about 10% below market) but I think the same advice applies here that would to most places - keep digging and get creative.

Nothing like that was presented in this post so where does it apply?

Never, Never, Never do a lease-purchase in Georgia where any portino of the rent is being applied to the mortgage balance, unless you have an EXTREMELY clear lease "amortization" table which shows that the tenant obtains no equity until the property is paid in full or "refinanced." 

I'm also trying to encourage the tenant to apply for rental assistance through the county.  

I have a couple that is applying to rent my house and they are non-US Citizens.

If these significant losses are not recorded in LP’s tax return then upon exit (when the property is sold) the LPs will pay more taxes than due because depreciation recapture will apply even if losses were not recorded in prior years’ tax return.

Hello ! Sorry for my newbie question. I recently purchase a 3 unit rental property I use a heloc from my first duplex to do so. My question is I do have equity on this new 3 unit and I want to get a heloc for a new in...

Since refinancing is just getting rid of your old mortgage and replacing it with a new mortgage, the same initial rules apply.