@Steven Catudal You are free to deduct and will probably get away with it.Do keep in mind if the tenant sues you hold very bad cards for court.

I think the majority of the confusion likely comes from the fact that most all of the builders that have inventory on our marketplace are offering unique incentives like extensive rate buy downs, free PM & maintenance guarantees, up to 10% price reductions or up to 10% cash back, etc. 

Is there any potential for doing a cash-out refinance on the duplex and using those funds for the purpose of buying the property you want? 

Plus, it's faster and might save you some cash on those pesky fees that banks love to charge.AAN Don't forget to cover your bases.

Hi Matthew, start with any free resources we have like social media etc. follow industry leaders and maybe you might interested in my book happy rich and healthy book not just for real estate but also start building wealth without sacrificing your health.

Feel free to DM if you have any questions.

Feel free to reach out if you have any questions or need guidance. 

Unless.... your happy to be VERY cash-deep into it and ready to absorb the hit's of a LOT of time delays and additional expenses or cost over-runs.

Otherwise, we lend on investment properties, so if we couldn't fit it into the 2nd home qualification we'd have solutions.Feel free to connect!

Enjoy a $3,690 Market Value for Rents and potential $10k annual cash flow.