You will have to pay employer's portion of Soc Security even though you maxed out on the employee's side.All of that really requires a more holistic review from a good tax accountant or a good financial planner.

The easiest way to underwrite the number for me is by looking on the short term rental platforms(airbnb/vrbo) as a potential guest and review the host's schedule/previous month reviews for occupancy and average nightly rate.

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*This link comes directly from our calculators, based on information input by the member who posted.

@Munther SaadehI am of the mindset that real investors are reviewing properties and investing in every market.

Hi All - Unfortunately I have lost trust in my CPA after reviewing my latest tax returns(they missed major expenses that I had to call out) so resorting to this community for learning and knowledge while I also look for a new CPAI bought a property in my own name in February and then bought another one in LLC 1 in May and then a 3rd one in June in LLC 2.

Also, once you save a deal they are kept in your calculator that you used to analyze a deal so that you can go back and review them at a later time.  

I was torn because of alot of the companies I interview had despite many good reviews, alot of bad reviews and customer service.

Just thought this might be interesting to review for those that are interested in North Alabama (Huntsville, Madison, Harvest, etc).

Pretty much you qualify for the ARV upfront like a typical purchase loan (lender reviews credit, income, down payment etc.) plus you submit a contractor bid for the work that will be done.

Review their management agreement.