Occupancy by Veteran’s Spouse or Dependent Child Occupancy (or intent to occupy) by the spouse or dependent child satisfies the occupancy requirement for a veteran who is on active duty and cannot personally occupy the dwelling within a reasonable time.

@Brandon ElliottHas your client worked with a lender to determine if he still has remaining VA second-tier entitlement that could be used without requiring him to refinance his current home?

My 3 thoughts would be A) seller carry the remaining portion or B) do a lease option or C)have your buyer obtain cash by pulling money out of another property through a refi or HELOC to then purchase the property.That would avoid any lending institutions. 

This is not happening because rents remain high and the cost to build and cash flow is very difficult without some type of incentives.

The management agreement says the contract can only be terminated early if we pay out the remaining equivalent of monthly fees. 

💵 Equity my friends is the market value of your property - the amount of remaining debt owed! ⁣⁣

We still have a lot to learn, and are dealing with vacancies in this area this winter, but are extremely satisfied with this property!

A total of 78,000 expected available jobs by years end, and if this momentum continues, Austin would have a record re-employment by year end. (2)Almost 120,000 net new jobs are likely to be added through 2023, bringing wage and salary employment to nearly 1.2 million aggregate positions.(2)Austin ranks number one across the country in “Jobs in Excess of Pre-Recession Peak” at a growth of jobs created since 2009 recession of 38%.Second place is Nashville at 29%, which is nearly 10% more added jobs than the next strongest MSA — and 29% greater than the national average of 9%.Another national reference Mark Sprague noted was that only 8 metros have had full recovery (full employment or better, real estate sales/ values and GDP better than 10 year ago) and four of those Metros are in Texas.Also, throughout the entire pandemic Austin’s MSA stayed in the top 10 of all MSAs — and Texas had at least four cities in the top 10 throughout same period.A strong state economy surrounding what might be the hottest market within that state is a good recipe for investing.With double digit YOY appreciation and strong demand, the City of Austin remains one of the best places to buy & hold and even flip real estate.ReferencesTexas A&M Real Estate Center — https://www.recenter.tamu.edu/research/market-research#!

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

We'd live in one unit and rent out the remaining unit(s).