I then subtract that from the refinance loan to figure out how much is left in the deal.On the bigger pockets calc project cost is calculated by adding closing costs + repairs + loan amount as seen in the first picture. 

If the business is showing a profit or loss, then that income will be adding or subtracted from the entire income. 

You also want to subtract the repairs from the already discounted price. 

ARV is irrelevant for taxes.Then you subtract land value and depreciate the rest.

For the moment let's leave out what I paid for the land, because it will vary and in any event it is easy to subtract that amount at the end. 

In the event of a sale, are you able to subtract realtor fees and other sale fees from the net gain of the sale?

But you also have to subtract utilities, turn costs, starting items (kitchen and cleaning items you give them), and furnishing upkeep/maintenance.

If you subtract the concessions from the $22,295 buy-down cost, your out-of-pocket cost would be around $6,795.This makes the break-even period even shorter, as you'd only need 10.5 months to recoup that cost if you apply the seller concessions toward the rate buy-down.5.

It’s also possible to have a negative net worth, which means your liabilities are greater than your assets.Examples of assets that may be included in your net worth include:Business interests Cash and savings Investments Personal propertyReal estateRetirement savingsVehicles Examples of liabilities that may be included in your net worth include:Credit card debtMedical billsMortgagesPersonal loans Student loan debtVehicle paymentsNet worth is very easy to calculate: You add up all your assets and subtract your liabilities.The net worth formula is:Net worth = Total assets – total liabilitiesHow to Select a Net Worth TrackerYou can choose from several net worth trackers to help you monitor your financial position.

Have that individual report everything and then have an other deduction subtracting out the 50% to be reported on the other partners return.