I have 9 rental homes which I have been entering seperately on parts A,B & C of three different pages of Schedule E on my Income Taxes. Expenses which are exclusive to a particular house are listed for that house...
Hello All,
I have been looking into DSCR loans and while they seem enticing the 20% down is a bit of a hurdle. Does anyone know if the DSCR can be combined with a 80/10/10 loan to bring down the cost of the 20% or ar...
Basic question here:Can I 1031 two properties into one property?
Do you make sure they would both qualify on their own or kind of combine their screenings? For example, if one has a high credit score and the other one a lower score.
Here is what I'm looking at now:
A couple appli...
My father owns a 4-plex in central CT. Two houses and 2 apartments. The main houses are 3 bed, 2.5 baths. These are side by side. In each side's basement is a studio apartment (full bath, no kitchen). These apartments...
Hello fellow BPers,I find myself in a unique situation that I am hoping someone with more experience will be able to help clarify for me. The short explanation of the situation is that an 8-unit, 2 building property (...
Has anyone sold 2 investment properties and combined gains into a 1031 exchange for 1 replacement property? Tips?
Hi everyone. I have applicants (a professional couple in their thirties) to rent a single-family home I own. They seem like fine people - no reason to believe otherwise. Their combined income is 7x rent. Their credit ...
Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent. My question is if I have two people (not ma...