Insurance would be listed separately in Box 4.http://www.irs.gov/pub/irs-pdf/f1098.pdf-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.

There are thousands of government regulations on all industries that do not make a lot of sense; I would try to ease these restrictions as quickly as possible.

It has everything to do with reducing their over-weighting in this type of loan, often they're on 'probation' with their regulator to reduce exposure to investment property lending.

well - well - well... seems there are a few issues with the non-existent building code, city-never-heard-of-zoning-for-multifamily investment.total electrical upgrade :|my wrestling coach, community dude, wanna-be politician was in austin on state business today and could not give me the numbers on a total upgrade.any of my guru colleagues here on bigger pockets have a number they want to throw out?

So the price is now $195,000 - $7,000 option fee - $4,000 seller concession = $184,000 to seller = $11,000 - $1,000 equity owed by Seller.Does the buyer receive a loan for $184,000 or $195,000.How is the existing mortgage of $195,000 paid?

I could incorprate these changes into the side to be renovated, but retrofitting them into the already completed side would be more difficult.I am looking to hear anyone's experience as to what the cost of a sprinkler sytem/ alarm system might be and if there are other incremental costs or regulations that should be anticipated that I haven't thought of.For the extra $500 per month income and some decrease in insurance costs, I am motivated to do this, but the regulatory hassels are less as a two unit.What do you think?

If they are stock sizes, it might be more cost effective in the long term to replace completetly; but that depends on how the windows tie into your existing building skin.

Great questions to ask are, how often do they have Board Meetings, how quickly does her maintenance requests get resolved, do the Board Members break the Rules and Regulations themselves but issue fines and warning to other Homeowners.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations.