I have done exactly that in the past year.The IRS is specific in terms of business deductions: you have to show that you are in business to make money - so that the IRS can tax you on the profits.

At the very least, talk to as many loan officers as possible and get opinions about your specific situation.

For me specifically, I bought my personal house a couple months ago at 10% down.  

Specifically someone who fits in this criteria:1.

Specifically someone who fits in this criteria:1.

I don't know enough about NJ specific law to say what that period is. 

Home must meet these specifications: -3 Br 2 Bath, 1,100 square feet plus (preferably at least 1,300)-Single family home or duplex (In other words nothing attached to something I don’t own)-Purchase with renovations factored in must be below 80% ARV-Doesn’t have to be move-in ready today but it needs to be close enough to that point that I can move into it in 7 weeks-Location: Franklin, Spring Hill, Fairview, South Nashville, College Grove, North Columbia, Arrington, North Chapel Hill, Nolensville and anywhere else that would be within a 35 minute commute to 117 SE Parkway Franklin, TN 37064.

I'd like to do some renovating in one unit specifically - should we just terminate and get on with it or issue a 12-mo lease with higher rents and give them the option to stay?

I'd like to do some renovating in one unit specifically - should we just terminate and get on with it or issue a 12-mo lease with higher rents and give them the option to stay?

My point is, there are specific requirements from state-to-state and area-to-area that a blanket PA will not protect you from...