If you would like to discuss further, please schedule a time to chat using this link: https://calendly.com/tycoutts

Trying to get a 46k loan through my credit union to buy a house off of my dad.Bank just denied me, due to my Schedule C reporting a loss and apparently my Net Income on the schedule C was about 23k.Did my accountant f*** me hard?

The statement is that the tenant has been in the property for five years and always pays the rent on schedule.

LLC, S-Corp, etc) that files a tax return or do you own it in your personal name and report rental income on IRS Schedule E? 

We need to schedule coffee in Tampa and chat about Real Estate.

Please don't hesitate to schedule a time using the link below. https://calendly.com/tycoutts

The problem with capital contributions is that the deduction must be amortized, with varying schedules depending on the classification of the items purchased.

Feel free to reach out to schedule a time.

I'm very happy with my choice, they are doing some additional scope at no cost b/c we're friendly (it's in writing), and the framing inspection is scheduled for this week!

You can however have the payment added to sellers DTI and then offset it with a rental lease agreement that the buyer can provide them and their lender can order a rent schedule completed by appraiser.