There is no requirement for you to provide personal income, taxes, or balance your DTI with your next investment acquisition.

Hello, I just want to make sure that I am not missing anything that I am not aware of prior to buy this home. 320k buy price Seller owes 307k on the loanAssumable loan at 5.5%I would pay 13k for the equity in the home and still have 28.5 years left on the loan at closeTotal to buy the home would be 15k at closingBonus she is leaving a Washer/Dryer/ and Fridge for meSeller pays 2122 for mortgage/tax/insurance and there are no exemptions on the home. 

Hi all,I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE professional for tax reasons.  

It had the assumptions of the deal, the development budget, info on the historic tax credits, a proforma for the apartments, a proforma for the commercial space, info on the returns, etc.

With HOA and other expenses like insurance, taxes, it will generate around negative cash flow of around 700 dollars per month.

How do you effectively navigate property tax assessments and appeals to ensure accurate valuation and taxation?

Everyone has different thresholds of risk and understandings of the benefits of real estate, we can go down a rabbit hole around tax advantages.

You're new mortgage, taxes, insurance, and hoa will equal $800, so you'll have a positive $200 cash flow each month.

Realty Transfer Tax. 

Any hardwoods with major staining/smell should be cut out and feathered back in.