Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
@Tyler Speelman, A 1031 exchange solves the tax issue.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
Vanessa, If you choose the seller financed route, you could potentially continue investing under the bank's stringent debt-to-income radar, so to speak.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
We are in a very low tax bracket this year but should be 10% higher in 2025.
Ryan Broschard
Property Tax Increase - Fort Mill, SC (Lancaster County)
23 January 2025 | 2 replies
They lowered the “taxable value” by 40-50% and then raised the tax rate about 35-45% lowering everyone’s taxes that year.
Dennis Gudenau
Solo 401k Unsecured Loan Tax Advise
22 January 2025 | 2 replies
if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.
Raven Ye Mahar
Nashville STR Required Business Licenses and Taxes
17 January 2025 | 4 replies
Taxes and requirements should be much lower for a LTR
Colton D Lawrence
Creative ways to Improve Debt-Income to Qualify for Loan Approval
14 January 2025 | 1 reply
I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.