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17 September 2020 | 10 replies
Here's an example.Mortgage on Rental: $100,000Mortgage on Primary: $200,000Assume sufficient equity on primary for this to work.You refi your primary to $400,000 to pay off the first loan on your primary, pay off your rental, and go on a whirlwind vacation with the other $100,000Now you've got $200,000 of mortgage that is traceable back to the purchase of your primary and $100,000 that is traceable back to your rental and $100,000 that is purely personalGoing forward, 1/4 of your mortgage interest will be deductible against your rental income, 1/2 will be deductible as personal mortgage interest on your Schedule A and 1/4 is not deductible at all.
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14 August 2019 | 9 replies
Do they have paperwork showing the pure breed?
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23 October 2023 | 26 replies
In SF it is pure software only folks with mid 20 fresh-grad vibes.
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19 August 2014 | 16 replies
We added to them with pure rentals when I am working by always living off one salary.
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15 June 2013 | 11 replies
If the last decade's taught us anything, it's that you should look at pure cashflow, and nothing else.
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9 June 2017 | 25 replies
If you work 90-100 hours a week maybe pure rentals aren't for you.
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18 July 2015 | 24 replies
We also buy pure rentals too!
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2 August 2017 | 4 replies
Thanks, I knew required depreciation was the case for pure rentals, but didn't realize it was so for a room rental on owner occupant.
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27 May 2021 | 8 replies
Social networks, referring sites, etc.For this reason I do think that AdWords are a more transparent investment in a pure marketing sense.
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10 May 2023 | 52 replies
One of my apt. buildings in Dallas did 30K per month net, purely passive.