For the purposes of calculating the limited interest deduction, the total mortgage debt owed would include both the individual mortgage on Unit A and the owner's share of the underlying mortgage.So, the total mortgage debt owed would be $800,000 (individual mortgage) + $200,000 (owner's share of underlying mortgage) = $1,000,000.Therefore, the owner would be limited to deducting mortgage interest based on this total mortgage debt of $1,000,000, not just the individual mortgage.Thus, the deduction for mortgage interest would be calculated as:($750,000 / $1,000,000) * $40,000 = $30,000Therefore, in this scenario, the owner would be able to deduct $30,000 of mortgage interest for federal income tax purposes.

The FHA process is a little more stringent since it’s federally backed.

We have a team of dedicated investor agents and whole education network in Eastern PA.

Upon receiptof such notice, Owner will promptly notifiy Agent whether Owner will undertake the defense.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Also maybe worth talking to Agents who specialize in relocations.Also +1 for not splitting everything up.  

If it's on the MLS, investors have direct access to it via the listing agent or their own agent, so why would be able to buy it cheap and the resell it into the same market that it's already sitting for sale on?

Between the columbus cartel, the trash agents, and the desperate lenders I get it business is hard.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

BTW, I'm neither a real estate agent, nor lender, just an O'ld Fart who loves discussing real estate.