David Qian
FHA Loan for Primary as a Real Estate Investor
13 March 2024 | 5 replies
Meaning that after reviewing your tax return and calculating your rental income whatever is left they will use that whole number and subtract it from your mortgage for that property and use that final figure.
Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
12 March 2024 | 36 replies
Subtracting your property taxes, insurance and repairs?
Steven Henao
80k to Invest and Overwhelmed by Choices. Help!
13 March 2024 | 11 replies
JADU are value subtract as they typically reduce the value of the RE and often best option at selling is to remove the JADU. 11) if the ADU is being added to a SFH, the ADU can make the house rent controlled (if it is over 15 years old).
Jamie Banks
Real Estate Investors, What's Your Go-To Accounting Software?
11 March 2024 | 6 replies
Using simple add and subtract functions mostly.
Troy Welch
CPA, Tax Advisor, Wealth Planner ????
11 March 2024 | 8 replies
Like any trade, you need to get a few quotes, ask what they specialize in, and see if you are a good fit. 3.As far as location, it doesn't really matter, the IRS is nationwide and from there states add or subtract their rules. 4.
Jay Jonez
Sub 2 - Seller having buyer remorse
11 March 2024 | 28 replies
If prices were coming down because of interest rates going up, but she had a low rate, then taking over the loan, while giving her the lower valuation, and subtracting all closing costs, including a sales commission that wasn't paid, might look as if all the advantages went your way.
Blisseth Sy
Should I sell my first home purchase in SF Bay Area?
10 March 2024 | 9 replies
Recalculate your NOI by subtracting costs from revenue.
Heidi Duren
Wholesaling help. I could use a mentor!
10 March 2024 | 4 replies
Make sure you know your investors won’t go behind your back and contact the owner to buy direct.Your wholesale fee should be subtracted from the 70% the amount is really whatever you desire.
Scott Blevins
Wholesailing First property
9 March 2024 | 1 reply
Then you subtract the fixed up cost from what the renovations would be to get a number.
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
11 March 2024 | 152 replies
You can save 400k in a decade by renting (subtracting 3%/year in rental increases and 4% in appreciation) and you'll come out ahead renting especially if you put that extra savings into the S&P 500 or other investments, by a long shot.