If that number is positive its added to your income figure if its negative you have to qualify for it as a monthly obligation similar to a car or min credit card payment via the typical 43-50% debt to income ratio depending on where your reserves/assets/credit are.If you've held the property long enough and filed rental income the schedule E of your tax return (or corporate return) will be used to determine the net income.The formula for net qualifying income once the tax return is filed is made to seem complicated however in essence it is the monthly average net operating income(NOI) based on tax return minus monthly debt service payment.

When it comes to a Realtor, you'll have the best success bringing the deals you find to them unless they specialize in working with investors and these Realtors have an e-blast marketing specifically for investment properties.

At this point, Plan A is to e-blast 2,500 Realtors 5-7 times each to see if they notice the email and maybe have a client, and bring flyers by some offices and try to talk to agents.

It should reflect on your schedule E of your federal tax returns.

Drop me an e-mail, and let's set it up.

I just got an e-mail saying their next meeting is actually tomorrow January 7.

Hi @Carolina E, glad you enjoyed the article.

Aloha @Nola Akee E Komo Mai and have a look at all the links that Account Closed shared.

You will include that on Schedule E where it will be calculated if you can take the loss or not.

After I thought about their statement a little bit more I e-mail them and asked them for the terms and conditions of the policy.