Hello!
I am looking to buy a house that the top floor and bottom floor and separate, with separate entrances and hooked to separate HVAC and electrical meter.
I have a few questions if anyone could help it would be appreciated. My state(Maryland) seems to have a property tax waiver. If I buy the house and live in one side, do I have to pay property taxes on the other floor since it is a rental property?
With me living in the unit as stated above do I need to wait 12 months to rent the other side according to VA rules? Since I am also occupying the house but in a separate area can I rent one part right away?
I only started receiving disability a few months ago can I still report it as income when getting approved for a loan?
Any other information you think I may need to know is also welcome!
Will be cross posting
Buying First Home Duplex with VA loan & 100% P&T.
byu/AskingStuff1234 inMilitaryFinance
Posted by AskingStuff1234