
6 April 2024 | 22 replies
Based on my 20 years in Tampa, I'd strongly recommend considering it.

5 April 2024 | 12 replies
I get audited about 4 times per year from different lenders based on the assets original closing dates...

4 April 2024 | 16 replies
YES, CMHA may pay 100% or a % from the tenant based on their income.

5 April 2024 | 12 replies
Trust your instincts, gather as much information as possible, and make informed decisions based on the current market conditions.

5 April 2024 | 9 replies
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.

3 April 2024 | 2 replies
I've considered offering like a free BOV or just asking them how the property is performing for them, I've never been a fan of going straight to the "hey do you wanna list it" type discussion so I'd be curious and appreciative to understand what your tactics are and were in this department.Thanks in advance!

4 April 2024 | 8 replies
The loan is based on the income of the property for qualifying purposes (in addition to credit score) versus your personal income.

4 April 2024 | 16 replies
Identify your target market - Research different locations based on your chosen strategy.

3 April 2024 | 18 replies
I'm not always a fan of going to work on a team, but that might help you get started.Â

4 April 2024 | 5 replies
This is based on the future reservation of my rental business (I guess I can pull a proof of income from Airbnb).