I’ll ask him now about it Guys, kinda off topic, but any of you Toledoans know of a good local lender that understands investment rentals refinance?

My understanding I can not depreciate it in 2022.

But her name is not on the properties.As I understand, we don't get any advantage in the real estate losses against my W2 income.

Can someone confirm my understanding of using Stessa and what I plan on doing or give some advice.

@Ben Omonira, I don't understand how a lawyer will help much with these things.

I would connect with top realtors in your market who understand the value of working with a wholesaler and try to figure out their buyer network.

We understand there are 0-3% DP programs, but for the purposes of this post, we are not talking about those.  

Your friend shows good sense and should maybe find a different advisor to help him find money.Knowledgeable private/hard money lenders understand that owner occupancy has virtually nothing to do with making a business-purpose loan.

Understanding these rules is essential for investors seeking to capitalize on the short-term rental loophole while maintaining compliance with tax regulations.

I understand the adjustments and concerns.