@Jason SmithThe amount of time spent doing real estate is not a good reason that you should be paying self-employment taxes.Rental income is excluded from paying self-employment taxes.With that said, you may be subject to self-employment taxes on the income earned through the flip.

I have looked at 40 deals and I cannot get anything in my area to get a full $250.00 after those items are excluded.

He gave me a rough number. it does not include insurance and interest, so I plugged the insurance in the "other cost" excluding maintenance fees and vacancy.Estimated mortgage payments on 7/1 arm with 3 year prepay$2,182.00 excluding principle and Interest built into the loanMay need a personal loan of 30kRent a year$50,400.00 Monthly$4,200.00 A list of all Annual Expenses estimated run downWater/sewer/trash$2,200.00 Gas Heat$1,440.00 Common area Electric Annual$60.00 Insurance$2,920.00 City License 75.00 unit= 525 years$525.00 Management fee at 10%$6,000.00 County Tax$4,028.00 vacancyMaintenance feesThe other cost breakdownwater/sewer/trash bill$2,200.00 Gas Heat$1,440.00 Common area electric$60.00 City License$525.00 Total$4,225.00 not including maintenance fees

However, I told him to exclude any properties owned by LLCs.

If I re-financed these deals around the 10 year mark, are there any lenders that will exclude income requirements.

Target property: Asking Price - $900KActual rental income (2018) - $100,500Taxes - $10,000Expenses - $23,000 (I believe this excludes management fees, need to confirm) Current Portfolio (I manage all 3)  - Purchase Price/Equity/ All Expenses including PITI /Annual Rent.1. $325K / $90K / $17K / $23K 2. $359K / $150K / $17k / $30K 3. $460K / $110K / $30K / $36K 

Stop here if not married filing jointlyRepeat Steps 1–3 for your spouse and add the two resultsIf you can use fractions when you divide the primary residence period by 730, that means that If I close 25 days after the end of lease date then maybe my answer is 705/730=0.96 * $500K, so I can exclude up to $483K of the gain (also to be adjusted by the depreciation I have taken in the last 3 years).

ARV for building excluding lot. $135K.

Gain on the nonqualified use is not excludable under that 500k exclusion.Simple exampleYou bought a home on January 1, 2010, for $200,000.

Were closing costs excluded in the after rehab evaluation?