Hi Nicole, I'm interested to hear more about how you're converting two units into three - would you mind sharing with us?

To clarify, I have converted previous 401k (previous W2 employment) to Traditional IRA to now a solo401k for our business.

Now I converted my fha to a conventional loan, eliminating mortgage insurance.

Ultimately, this may work best because it will give you the freedom to rehab the property, stabilize it and then convert to a more tradition mortgage.

I have the option of purchasing my second rental in Nashville that can easily be converted into multi family but it’s the exact scenario mentioned above.

I purchased a property as my primary residence in 2006, converted it to an investment property in 2009, and then moved back into it in 2016.

But I know many people that buy non conforming SFHs converted into 3-5 units for 600-1m and do well.

I will never convert any of my rental properties into a personal one - which is when I thought holding it under an S-Corporation will create a tax impact.Can any accountant in the forum give some feedback on my holding rental properties under S-Corporation?

The heating unit is a very old American Std Oil furnace that has been converted to gas.

Hey all,I just created an LLC and I am about to 1031 a rental in Denver, CO (it'll be listed in a couple days).  I want to purchase properties in eastern ID/western WY and put them under my newly formed LLC (the Denve...