I'm looking to make a move after the election in november is what i'm thinking. 

No disrespect meant....just being real.

We have an election for board members coming up and our CAM has sent out BIO's for all people that are running including herself.

FHA loans are not meant for investment properties, they're for primary.If you buy a primary with an FHA loan and move out after (I believe a year), you're fine.

   [ https://www. facebook.com/groups/BoycottCancelRent]With this group, as we grow, we intend to share resources, engage elected officials, compile & share lists of bad-actors, file lawsuits, and take many other steps.    

@Eugene PhuaThere is an election you can file where not only you can deduct your expenses from gross rents, but you are also taxed at lower rates on marginal income.

I'd also love to see her landlord challenge her in the next election. 

There is an election to treat rental real estate as ECI allowing all deductions against gross rents, and taxed at marginal rates.

@Carlos Guzman1) 30% that you reference is when the income is classified as FDAP(Fixed Determinable Annual Periodic).option 2 that you discussed is when you make an election to classify the income as ECI(Effectively Connected Income).

Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.