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27 October 2021 | 12 replies
Your tenant is a perfect example of why the fund was created (though I still disagree with it).She can apply for back rent as well as future rent.
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25 October 2021 | 14 replies
In other words, if I am asking for $2300/month and a section 8 voucher holder applies, can I start the process and then turn them down if the program says I can only charge $2000/month?
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19 October 2021 | 1 reply
Then there is a sale tax break applied, and in some counties, owners do *not* pay for school operating costs, only construction bonds.
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20 October 2021 | 1 reply
Cap rate does not apply to a three-family property or any multis that don't have 5 units or more as it is a commercial, income/expense based valuation.
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21 October 2021 | 7 replies
The 10% YoY cap applies to primary residences only (homestead exemption).
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27 October 2021 | 8 replies
Your most cost effective and fastest method is going to be to apply some pressure.Good luck!
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3 November 2021 | 12 replies
If you have any level of VA disability, the funding fee won’t apply.
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20 October 2021 | 3 replies
Is there any way to write off these systems in some way, or would it need to be applied to the basis?
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21 October 2021 | 8 replies
That means you are negative on that property for at least 10 months, and remember, it costs you the full $5000 for that roof.Now, if you can include the cost of the roof in the purchase, that $5k in added cost is applied to the mortgage, and not out of pocket.
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3 November 2021 | 7 replies
If it’s a rental first, the percent of time owned that ou lived there is tax free, the 2 of 5 rule doesn’t apply as our predecessors “used the heck” out of that tax advantage when they wanted to sell.