Once you know what’s possible then you’d likely want to evaluate affordable housing grants, tax credits, tax incentives, etc. 

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Profit/Loss Statement and Balance Sheet for the Property: At a minimum, we would want a profit/loss statement and a balance sheet for the most recent complete year as well as year-to-date for the property, but we would prefer to also get the last 2 years of tax return pages for the property.

Nevada has lower taxes and more landlord friendly without the hassle of traveling to the midwest. 

Its also more cost efficient compared to NY in terms of fee's and overall costs to set up LLC.When I set my LLC up in Fl it took literally 15 minutes and you will need to get your Tax ID/IEN set up so you can get your business checking account set up with a local FL bank. 

If you did, file a claim them.

It means speaking to people whose homes are in pre-foreclosure, foreclosure, or are behind on property taxes.

Aloha,While I am sure in many rural areas it would not be an issue, generally the USPS only delivers mail to addresses from the property tax records.To split utilities, it largely depends on how they are currently configured.

If you're doing it for taxes, call an Real Estate INVESTOR friendly CPA.You could also look at a refi with a smaller bank or credit union.

Hello,Can I include rental loss in my tax filing for last 3 months of 2023?