@Son D.Generally:Trade or business interest is not limited, except in the case of businesses with aggregate annual gross receipts of $25 million or more for the past 3 tax years, or in the case of tax shelters (what constitutes a tax shelter might surprise you -- it's painted with a pretty broad brush). 

For the past while i have been looking for deals in my hometown NYC and was part in 1 deal as an equity investor.

Proud to be a member, let's see where this cruise ship is headed (very excited).I own one rental in Texas and have successfully house-hacked (purposefully) 5 different times over the past 25 years during my moves across the Southwest.

In fact, I suspect they are responsible for a good portion of the rent/value increases we've seen over the past decade, since nothing really hits the public market. 

The purchase price is $180K, rehab is $15K and the ARV for a 4/2 should be around $265K.I've flipped 3 properties in the same city over the past 24 months. 

I'm sure I'll get plenty of people telling me I'm doing it all wrong to begin with but this has allowed me to bring in the money to correct a lot of my past mistakes so just looking for advice on this please and thank you!!!

My parents have been sorting through everything over the past six months and my father just realized that since my grandfather used a VA loan on one of his properties, he's been paying PMI for 12 years now at ~$200/mo.

In the past, it was not legal to take action if the company did not have a registration in the state where the property was located.

Here's the info: (I copied and pasted)10 units2bed/1ba- Full rehab need so be prepared for work but it's has great rental potential-Section 8 will bring 650 a unit, will bring in 6500 a month and 78,000 a year-I have a contractor that can completely rehab them for 9k a unit.- 90,000 in repair, but you will be getting a practically brand new 10 unit apartment for a little over 100k with an annual cash flow of 78,000.

After this past year, I've been able to save enough to get started.