Your taxable gain / loss will be sales price less cost to sell less your adjusted basis.

I'm thinking of signing up for Pro (mostly for tools / calculators) and also checking out other rental calculators online.

What is your vacancy rate percentage when calculating monthly income?

Here’s why it might be a smart move:Maximize ROI: With leverage, you can control a larger asset value with a smaller initial investment, potentially increasing your returns as the property appreciates.Preserve Liquidity: Keep your cash available for other investments or emergencies while still participating in lucrative real estate opportunities.Tax Benefits: Deductible mortgage interest and expenses can lower your taxable income, enhancing profitability compared to an all-cash purchase.If you have the means to buy with cash initially, you can later refinance to unlock equity for further investments or improvements.

Investor reports added promptly, financials accurately tracked, distributions recorded, investment metrics calculated and up to date, etc.Best luck to all!

Save you have a 60% loan on a property - you can *also* write off all of that interest and 60% of the depreciation when calculating if you have any takes due that year, which *might* happen when using leverage. 3C) You also need to keep in mind that at some point unless you hold until you die you have to 'pay back' all of that depreciation that you benefited from, and you also are getting a tax benefit by having your money compound tax deferred in a Traditional Account or even *tax free* in a ROTH!

The mom and pop landlord that I rented from (by my calculation and internet research) owned about 50 doors and had for a long time.

DSCR is calculated by using the monthly market rent or lease (up to 120%) and dividing it by the Principal, Interest, Taxes and Insurance Payment. 2.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Don't be afraid to take calculated risks and learn from your experiences, even if it means not making huge profits right away.