My current platform return the 2 months back paid rent to tenant (defaulted, and left the property without paying last month) who claimed to the bank/CC that s/he did not authorized the rent.

Renovated a house-hacked but because of the income, we could not deduct expenses  Should we put all our properties in an LLC?

A courtesy email is sent to the investor for any expenses over $200.

However, my main expenses (furnishing the property, repair and renovation) happened in 2023.

This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

We've thought about subbing out to a proper "property management" company but we really don't need help collecting rent or expenses (this is all done electronically online) or even finding new Tenants on the odd occasion when we have an Apt turnover (we use Brokers for that) ...

It's a real expense at the lake.Good Luck!

The limit is applicable so it doesn't count toward the doner's lifetime gift-tax exclusion.In theory, if the doner doesn't anticipate to have an estate near the lifetime exclusion, they can gift more, they would just need to file a gift tax return, where normally no tax would be paid.

As far as appreciation goes, I'm seeing the highest appreciations happening in more expensive markets like New York, Los Angeles, and others.

The CG 's down the South Jersey Shore are expensive as heck and the finished product is mediocre at best.