We want to rent out the basement as a one-bedroom apartment to defray the mortgage cost.

Not without the bank signing off on it.

Take off the party hat 🥳😔The recent decision by the Federal Reserve has sparked widespread enthusiasm across markets.

The property is a 6bed 2 bath duplex.

:) Thanks for the valuable insight!

Under the 1986 Act, the Passive Activity Loss Rules were introduced.

Looking for recommendations for a good General Contractor in the Norfolk, Virginia area.

There are some great investment properties around the city.  

Or, he could rent his home and use the rental income from it to fund a mortgage on the new home.

They signed the lease in March 2024.The first time they were late it was a couple of days past the 1st but within the 5 day grace period……Ok.The second time, they notified me on the 5th that they wouldn’t be able to pay until the 12th.