Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

107
Posts
13
Votes
Asher Anthes
  • Charlotte, NC
13
Votes |
107
Posts

Tax Returns and how they will affect getting new loans

Asher Anthes
  • Charlotte, NC
Posted

I'm about to file my 2013 taxes, and I was able to show losses on both of the properties I own after writing off depreciation, interest and repairs ect.

I will be applying for multiple mortgages later this year, and my concern is will those losses negatively affect my DTI ratio and my ability to get new loans.

How do they use my tax returns to caluculate income? Will they go off the Adjusted gross income or will they use my lease agreements? I've also heard that they will not account for expenses such as depreciation and interest, is this true?

Loading replies...