David Lao
Depreciation to offset W2 income
26 August 2022 | 41 replies
If of course, your life and personal situation complies :) I have done this for three years now.For this thought exercise, let's assume the RE professional requirement has been met, and that the net rental income (excluding depreciation) equals $0.Isn't 100K of gross taxable income less 30K of depreciation equal to 70K of taxable income (i.e., 100K-30K=70K)?
John Mark Waide
How to remove a tenant after closing to personally move in
12 March 2019 | 24 replies
My home inspector specifically excluded checking for structural cracks, damage, etc UNDER tenant belongings including area rugs in the garage.
Samantha Klein
Underwriter wants to count payment against me..
22 April 2021 | 41 replies
. :)If it's a pure rental property appearing on tax returns that is no the subject property, and rental income offsets PITI according to that spreadsheet, qualifying income is added, and PITI is excluded from the debts column.
J Campbell
using an agent VS not using an agent to find and buy propeties
2 October 2014 | 12 replies
The point was mentioned that you can negotiate a better price by not using an agent, true, but to me REI is a team sport & if I started excluding my normal broker from deals word might get out, especially since I am in a smaller market.
Joel Florian
Looking to invest in Hawaii
25 September 2019 | 17 replies
(That excludes trailers since my wife grew up in one and never wants to repeat the experience)3: Only buy real estate within 30 min driving distance of my home.
Craig Curelop
Traveling Nurses - Discrimination?
27 April 2023 | 14 replies
Second, you're not excluding anyone who is NOT a travel nurse are you?
Kevin Harrison
smokers?
29 December 2015 | 81 replies
There are still quite a few of us in the middle though (see how I excluded myself there?
Michael Anderson
Looking for a Savvy agent, broker or wholesaler in Phoenix AZ.
20 February 2019 | 6 replies
So I’m looking for someone who’s an expert in the market to help me find the right property (obviously willing to pay a commission or finder fee).I’m looking for something I can live in 8 months out of the year (excluding the hottest months).
Brittany Stradling
How are people scaling so quickly
7 August 2021 | 110 replies
When you say what you said, you are actually accusing everyone since by not including "anyone in particular", you also didn't "exclude" anyone in particular.
Account Closed
How To Strip The Most Equity - My Dilemma
12 December 2020 | 85 replies
You can likely get up to 90% LTV (excluding your current mortgage) and should be able to find a lender who will do it with little to no closing costs.