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20 April 2024 | 24 replies
You are allowed to receive rental income on second/vacation mortgages.
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18 April 2024 | 18 replies
This allowed me to feel comfortable buying the house and not having to worry about rushing tenants into the property.
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16 April 2024 | 0 replies
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax return.Originally created to protect residents of Augusta, Georgia who would rent out their homes to attendees of the annual Masters golf tournament, the Augusta Rule applies to any taxpayer who owns a home in the United States, provided that your home is not your primary place of business.How Does it Work for the Homeowner?
18 April 2024 | 12 replies
It depends on the agent's capacity.I usually connect my investors with my contractor or inspector to walk through the property so that everything can be sorted out in one go, or I have my clients make an offer subject to a walkthrough, allowing us to get the ball rolling.
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18 April 2024 | 16 replies
@Joseph Turner keep in mind that DSCR lenders do not allow 100% borrowed funds to BUY an IP.
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20 April 2024 | 34 replies
It doesn't make you any less a truly wonderful individual, it just saves both of you the frustration of being on two different wave lengths.
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17 April 2024 | 1 reply
I have a team of trusted professionals ready to assist you wherever you may be.I'm incredibly passionate about helping individuals like yourselves embark on their investment journey, and I'm dedicated to making the process as seamless and rewarding as possible.
18 April 2024 | 2 replies
Get with both of them to see what each will allow.
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18 April 2024 | 28 replies
Implying that an individual can become expert and easily operate in multiple states4.
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19 April 2024 | 13 replies
There are a very select few who will allow use of the entire lease or a percentage of the difference if the leases have been in effect and you can show payments received for at least 3 months...