Does this “borrower” even own them any more?

Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.

I would start by talking to a lender who deals with construction loans.

My socials are terrible, so I am not the best one to take advice from on here but wanted to talk about how it has helped me.

I’m eager to connect with both investors and first-time homebuyers.

This is VERY important. 

I can understand the temptation of wanting more rent from your multifamily home however I would add this to your train of thought:What would happen if your tenant in your illegal basement unit burned down the house which caused another tenant to get hurt or even die?

.💫 We work with rental propertyinvestors and I’m always trying to learn more so we can educate our clients.

You will get a more accurate response if you provide all the details in your post such as1.

You must spend more than your net selling price.