If the fundamental basis of investing is strictly cash flow, you'll want to make sure your net income per month is actually double your mortgage.

You will be eligible for a prorated exemption even if you lived there less than 2 years.B.

If she doesn't have a job or she works less than 800 hours in the job, she is eligible to claim real estate professional status.That means the losses will be considered active instead of passive.

Here are the important factors to consider for a house hacker of a 2-4 unit property when using the program:NACA’s eligibility requirements consist of the following:No member of the household can have an ownership interest in any other property at the time of closing,Occupy the home over the life of the NACA mortgageParticipate in five actions and activities a year and at least one prior to NACA Qualification and one prior to closing in achieving NACA’s overall mission of economic justice; andBe willing to abide by NACA’s terms of membership, participation, and eligibility.Occupancy requirement:At the time of closing, the house purchased with the NACA mortgage must be the Member’s only home.

Now that I am getting more comfortable with the basics of this, I may park my money in a fund, but rest assured that I will give up the return profile and liquidity rights before I give up on the fundamentals of being first position in all notes, my preference for an unlevered, or lightly levered, fund, and requirement for conservative underwriting in concentrated Geographies. 

I have always appreciated meetups that have not only the fundamentals but keep investors in the loop on what is going on and how investments might be affected.Maybe have a special guest or other investors to speak or share experiences, ideas et. 

However, I can teach you the business fundamentals, and you could potentially help me with lead generation.

Seeking guidance from reputable professionals specializing in real estate taxation is crucial to ensure compliance and optimize eligibility for REPS.

The debate can be summarized as: For smaller properties trailing financials have many reasons to be wonky, but many believe it is a good signal of transparency and (as @Ben Leybovich points out) this higher variance is exactly why due diligence on the leases can be more important for smaller properties.Line between "commercial" and "residential" seems to be driven mainly by number of units (i.e. is it eligible for FHA loan), even though many commercial banks will underwrite loans on residential properties with fewer than 5 units (especially at larger loan sizes).Is 7809-7815 Franklin a hot deal?

If you didn't report your expenses for furnishing, repair, and renovation on your 2023 tax return, you may still be able to claim those expenses in the future when you generate rental income from your property.When you do start earning rental income and need to report it on your tax return, you can deduct eligible expenses associated with renting out your property, including the costs of furnishing, repair, and renovation.