Does this rule apply to duplexes, tri-plexes, and quads as well?
With the new tax reform, Personal Exemption was eliminated. Can we Non Resident Aliens use Standard Deduction now, as it is the only one left and in theory it should group the old Personal Exemption?
Hey BP members. I'm looking for anyone who has experience as a landlord in Baltimore, MD. Does anyone have an accurate list of all their annual fixed and variable costs relating to a 3-bedroom rental property in Bal...
I purchased a HUD Home for cash, HUD knew I would not occupy house and was buying for investment. I have a buyer to whom I would like to give a contract for deed. Does the 90 day rule apply?
For those investors who are looking to acquire and occupy a 2-4 unit MF property, it's going to be a lot easier to do so. Look at this:"In a significant policy change, Fannie Mae has announced that, starting from the...
My son bought a house in September 2022, lived in it, and then was deployed in March 2023. He will be returning soon but will be PCS to another state in the summer.
Questions:
He has been renting the house while h...
I would like to know if you fully rehab a home. Take it down to the bare bones and then rebuild it back up. Does the 50% rule apply? Or should i just allow for my normal fees, such as vacancy (5%), maintenance (abo...
First of all, sorry about the username. I logged in by "gmail" this time, and it put that as my name.
Question about FHA loans. If I have an FHA loan in my name, but my wife doesn't, can I co-sign an FHA loan with h...
When I searched in Google, starting with 2018 tax returns filed in 2019, interest paid on a cash-out refinance or home equity loan is only deductible if used to buy or make “substantial improvements” to your home.Does...
Hi I am checking the documents of a property which is in foreclosure.It has below deed of trusts:1. ABC Bank (FirstLien Deed Of Trust) $100,000 Date: 1/1/20002. ABC Bank (Purchase Money\Second Lien Deed Of Trust) $30,...