And both types take into consideration projected income but the residential loans go against my DTI.

From a tax perspective, the LLC will be a pass-through entity (if a single-member LLC, it remains disregarded for tax purposes), meaning you can still report income on your personal return (Schedule E).

Can you count that $4,600 as “rental income” or does it have to go under some kind of self employment?

I wonder would the rental income cover the monthly interest payments on the crypto loan?

My general rule of thumb is that a property needs to do 15-20% of the purchase price in gross rental income.

May give you enough income to lower your DTI.

. $55k tax free is like $75k pre-tax W2 earnings...we essentially doubled my income that year.

Here are a few strategies that might help:- Leverage Industry Benchmarks: Many investors use a percentage of gross rental income as a quick estimate for operating expenses.

To the guy who made the $700 per person income stream comment, as the community grows they'll need to continue to grow the coaching team as the structure of the program is centered around smaller groups of people you interact with on a very regular basis.

Wyoming has no state income tax.4.