Im gathering some information to have a better understanding with a FHA Loan for my first house hacking multi family property, and how to convert into conventional  loan or commercial loan .

Quote from @Steve Wright: Not sure what you mean by claiming what I didn't pay, I paid to improve the property before it was rented.Yes, it seems strange to me if someone purchases a home, improves it, then rents it, that they can't claim the value of the improved property for depreciation, as they paid to improve it.Steve, just like on another thread where you were asking about renting to your family, you are not sharing full information and then are getting upset that we are somehow not reading your mind.

Let me know if you want the contact information if the Ozone machine doesn't ever do the trick.

OK, thank you- maybe then I can just advise him informally, I could still learn a lot by doing the research and helping him manage it himself

Whether you're a property owner or a tenant, comprehending the timeline is essential for making informed decisions and navigating the legal framework effectively.Eviction Process OverviewUnderstanding the eviction process is crucial for both landlords and tenants.

Great information. 

Finally, we need a CPA, open to referral.Hi Jess, this may require more information to properly assess but it is possible to treat the transfer of the property and the refinancing cash out amount as a investment (capital contribution) into the business.

Curious if the state of NH has any regulations on this type of residency transfer like if Im required to register my vehicle there and get a new drivers license or any other information that needs to be updated with my new "residency".

Consider speaking with a financial advisor or real estate professional to help you make an informed decision based on your specific financial goals and timeline for retirement.

Today We’re Talkin:- The Weekly 3 - News and Data to Keep you Informed- Inflation Back Again?!