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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?
Kevin Lopez
Hello everyone! Excited to start my journey
11 October 2024 | 17 replies
A great way to start is by attending RE events and joining a local investors association.
Anastasia Rodriguez
Any advice on rules or partner deals for MTR in Chicago?
13 October 2024 | 19 replies
I don't use any of the boilerplate options, even from the realtors association.
Madheshwaran R.
Seeking advice on New condo for STR
10 October 2024 | 28 replies
Where I am, those (SFH) don't pencil out, even with my high condo association fees.
Julio Gonzalez
Ready to Exit Your Rentals? Consider a 721 Exchange
10 October 2024 | 2 replies
There are many benefits associated with a 721 Exchange.
Matt J.
The Capital Stack of an Affordable Housing Project
9 October 2024 | 3 replies
I know Sherman Associates have completed a number of affordable housing projects in Duluth (and were recently navigating another under construction in Lincoln Park that ran into some difficulties).
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PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
Helping the space create some norms and baselines will make the bad apples start to stink a lot sooner.Every industry's association from cleaners to Community Associations has some sort of certification or accreditation program for their members.
Alan Kopmeyer
New from San Diego
10 October 2024 | 10 replies
A great way to start is by attending RE events and joining a local investors association.
Peyton Culberson
Managing Your First Rental
11 October 2024 | 13 replies
You can even create a balance sheet if you want to get crazy.I definitely recommend scanning all of your documents associated with the rental using a free app like Genius Scan and get those into some sort of digital document management platform such as Google Drive, Dropbox, etc.
L Craig
Flipping to Fractionals at the beach?
11 October 2024 | 15 replies
Be careful though, with some associations have it written in to no allow this type of ownership.Ellie SeaBreeze