4) Applicants over 18 - what about full-time college students still being declared as dependents on parents' tax returns?

A detailed floor plan of the property is also required.TOT (Transient Occupancy Tax)This is what lodging tax is called in California.

This is a capital gains tax free sale of your personal residence ( up to IRS limits ) and not a loan that will affect your DTI ratio.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

When you die, your heirs inherit the property at a stepped up tax basis capturing the equity tax free.

I have received a refund for a transaction that occurred in the previous tax year.Specifically, this transaction occurred in May 2023, but I received the refund for that amount in January 2024.

But property tax rates can be lower if you purchase properties in this area located in Wise County.

They formed all of my entities, prepared my trust and handle my taxes for me. 

DSCR also does not look at your income i.e. taxes, W-2, paystubs, etc but rather will look at the potential cashflow of the property. 

If you got the permits and they are recorded with the county tax assessor, you can list them on the MLS, Zillow, etc as a five-bed with ADU!