After the properties went under contract we made some concessions in terms of electronics, smart home equipment, doors and locks etc.Does it not make sense to file for taxes under Sale of Business Property, since the property was bought as a single family and converted into a duplex?

I want to convert cash to equity because I feel inflation will rise due to trillions of stimulus dollars being injected into the economy. 2.

Hi all- I may have interest in the long term of converting a primary residence to a rental.

Three potential issues @Michael Cavalli. 1) If you rent the property and some calamity occurs, earthquake, fire, tenant accident, whatever and the tenant is hurt or killed on/in the property that was converted without permits you would be criminally liable. 2.)

Unless you have connections with contractors $20K is NOT enough money to convert a 3/1 to 4/3.

If someone knows of a lender who is still doing single-close/convertible construction-to-perm mortgage or thinks they're around, would love to know as well.Bottom line is, trying to figure out what my best bet(s) would be before I start contacting banks and online lenders.Thank you for reading!

I was looking at this property that seemed like a good deal but I found it is a nonconforming property that’s listed as a duplex but actually has 3 units (a front, a rear and one detached garage that has been converted).It has been on market for over 100 days so I know there is probably something wrong with it, so my two questions are: #1 How much would it cost for repairs on non conforming units? 

I am working on my final loans under conventional financing guidelines and am wondering how I go about refinancing and converting them back to a single property/duplex as a single loan.

From what I've seen on youtube, the bill contains the following:1- Free rent for all tenants across the US regardless of income for a year2- Landlords can file for Government assistance which comes with the following conditions   a- No raising of rent for 5 years   b- Government gets first right of refusal if you sell your property within 5 years   c- You can't discriminate based on criminal background or credit on new tenants   d- Something about the tenant getting 10% interest in your property   e- You must accept applications from S8 tenants3- The Feds will give money to local governments to help them buy up properties to convert to low income housingThis bill has little chances of passing but if what I read is true, this mindset is terrifying. 

Im a flipper that will slowly start to convert to a rental investor.