I'm looking to purchase a small apt with hard money and I'm thinking of how to refinance the loan through conventional banks for a lower rate with little income on tax forms.  

Could you get approved for a conventional commercial loan for a small apt property if you only had roughly 20k on your tax returns but have an excellent credit score, $0 debt, real estate owned free and clear, and cash reserves ?

The city is making them pay back taxes from the day they bought the property. 

Corporate and Individual Tax unfriendly state (Aetna, ge, Otis elevator to name a few left this year.

It is a great way to get into a house and avoid capital gains tax when you sell.

Recent IRS rules have changed and now many such items can be written off in the year they were obtained - - this is why you need a CPA and not some tax service (HRB.s.) or online filing program.

Wait until my final year of school to start purchasing or, 2. start purchasing this year, and risk losing 6k a year in tax free money.I found a 912 SqFt 3 Bed, 1 Bath home on HUD for 22k, it needs about 7k in work.

To verify that you're an experienced investor I may request that you send me a link to tax records of one of your investment properties.Thanks,jon.

When you sell the property the new owner takes over the payments because it is added to the property taxes.

To verify that you're an experienced investor I may request that you send me a link to tax records of one of your investment properties.Thanks,jon.