Short-term money is available for experienced flippers/BRRRs/Renovators! (up to $900K currently available)
Money is available via Mortgage Charge against the property.
Up to 80% of the property's value, you only need 20% of the downpayment plus your sweat equity to renovate.
Custom terms...
I heard that this rule will only take affect once you purchase, renew or refinance a mortgage?
This would mean if you have an existing HELOC limit to 80% LTV you should renew your term for another X amount of years to continue using your smith maneuver tax strategy.
Anyone know whether...
Wondering if anyone could explain with regard to maintaining the grounds to my invest property. My current accountant I go to (don't think he specializes in income property) advised that I can not claim my time spent on cutting the grass and maintaining my income property (outside).
Is he...