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Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
These factors may include:Rental incomeBusiness incomeWork bonusesPensionsInvestmentsOne thing to note is that many states allow for deductions from gross income for things like:Property taxesUnion duesAside from monetary obligations, some states also factor in the following:How much time the child spends with each parentCosts associated with health insuranceThe age of the childChildcare costsHow To Calculate Rental Income For Child SupportIf you’re wondering how to calculate total rental income for child support purposes, the payments are based on several factors, but in a nutshell, here are the top three steps that should take place.Determine gross incomeFirst, how much cash is the rental property bringing in?
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
Or that health insurance is increasing due to increased cost of healthcare, so no inflation to report there.
Patricia Andriolo-Bull
So now VRBO tells us when and how to communicate?
8 October 2024 | 22 replies
I have a daughter with some health issues and has a strict diet regime of prepared foods.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.
Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Local Economic GrowthJob Market Health: Areas with strong job growth, particularly in tech, healthcare, or other high-demand sectors, attract both short and mid-term renters.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
You are NOT paying for our labor and materials , its much more than that , office staff , trucks , tools , insurance , taxes , benefits , health insurance , etc are all part of the price .
Jason Smith
Help! My Rentals are keeping me from getting a personal home loan
13 October 2024 | 23 replies
He had a strong portfolio with solid cash flow, but the big banks just couldn't see past their standard debt to income calculations.What finally worked for him was connecting with a local community bank that actually took the time to understand his overall financial health.
Kegan Brenner
What does diversification look like to you!?
14 October 2024 | 37 replies
While they tend to offer lower returns than stocks or real estate, they provide stability and consistent income.Another potential avenue is health savings accounts (HSAs), which offer a triple tax benefit—contributions are tax-deductible, earnings grow tax-free, and withdrawals are tax-free if used for qualified medical expenses.
David Georgeson
Should these trees be trimmed or removed completely [pic]
7 October 2024 | 6 replies
A good arborist will tell you the health of the tree and give a recommendation.
Laurence K.
Over zealous section 8 inspector
5 October 2024 | 10 replies
This house HAS A CURRENT lead safe certificate issued by the Toledo Health Department.