They all said that they have used replacement value policies when partnered with someone that felt more comfortable with having more insurance”You can adjust the deductible to help lower your monthly payment.

B] Does the LLC need to own the truck to deduct this expense?

@Tu Anh Nguyen sorry to hear about your situation.If everything you’re saying is accurate, and your lease is a standard residential lease agreement, I believe your tenant is violating your agreement.

They request what is called an “as-repaired appraisal.”To give a general picture of how the as-repaired appraisal fits into the process here’s a very basic look at the steps involved in a standard 203K loan, sometimes called a Consultant K* loan:The borrower selects a property, a lender, a 203(k) consultant and a general contractor.The lender pre-qualifies or pre-approves the borrower, and determines that the property is eligible for a 203K loan.Working with the consultant and the contractor, the borrower submits a document that specifies all repairs.The lender requests an appraisal.

The only time you get into situation of use of your refi is if you're trying to deduct interest from it but using it for personal use.Thumbs up from the IRS until they decide otherwise. 

The non-seller is unlikely to leave but if he/she did, after they vacate, deduct his/her share of the annual rent from the expenses and repairs they owe you.  

Moreover, the opportunities to sell off the note to someone else are lower, whereas banks can just originate the notes in accordance with traditional underwriting standards and sell them off to the secondary market. 

I am planning a trip to Cali next month.I was told from the standard mortgage operator on the phone, that I would better talk to their Private Mortgage Department or Advisor.

Additionally, the loan is non-recourse (except for bad boy carve-outs, which is standard) and provides very competitive loan terms.

I'd say maybe 1/3 of my guys don't even have a website (let alone a website suitable for 2019 standards!).