Capital gains tax applies when you sell an asset for more than its adjusted basis, not when you borrow against it.

That same idea will typically apply to other types of credit.

This aligns with the other responses in the thread, as passive activity losses (PAL) rules govern how these losses are applied across your rental portfolio.

Specifically in SC, though, I would check two things - 1) see if the ATI exemption applies and actually quote the taxes for that particular property on the county tax estimator tool, and 2) get a ballpark quote from your insurance partner on the particular property.

Putting an offer on a house in Virginia Beach and my buyers will likely be applying through United which is listed as the mortgage company.

My issue is not knowing who to talk to to make sure everything is legal or making a plan to apply for new zoning.

As we try to catch up on those back utility bills with the tenant, they have applied part of a rent payment toward the utility catch-up even though the tenant made a separate payment to catch up on the utilities, as previously agreed and discussed with RHR specifically (an installment plan to pay the entire past-due amount back). 

Been reading a lot about how student housing caps are in the 5's now, but curious if that only applies to the bigger buildings/portfolios, or if a lender will abide by those rates on the smaller stuff? 

3) Lastly what would happen if I applied for a construction loan application that pertained to Real Estate?

Don't quite understand what you mean.Wholesaling has nothing to do with where you grew up.Wholesaling (as well as any other business) is about lead generation.I didn't grow up in NYC, and if I were to wholesale there I would dominate that market with my ability to rank websites #1, dominate online presence, credibility, and competence strategies I can apply to my online image.I think this is why so many people are "afraid" of wholesaling.Break wholesaling down into its most basic elements.