That means, they still get the same percentage of the cashflow and the profit when we sell the property.My rationale is this: my passive investors helped me to succeed and even when I gave them their principal back, they still deserve to share in the success of that property they invested in.

That refi also paid off a heloc I had on the property. 75% of that heloc had been used for a down payment on another rental 2 years ago.So with the interest I’ve paid on the new loan, I believe I can’t deduct the amount that would for the cash-out (as a percentage of the principal).

This includes notes I originate as well as notes I purchase at discount to principal balance.

As a principal broker and owner of my company I would keep the 15,000 but typical brokerages with teams about half 7,500 would go to the company and the remaining 3 brokers would split the 7,500.

You actually kind of want to be a little negative as far as the IRS is concerned - mortgage principal and cash flow are still income, capital improvements are income, mortgage interest and HOA fees are deductible as well as repairs and maintenance.Colorado state taxes are currently 4.63%, but deductible off of your state taxes in Ohio as well as your feed taxes.

But during that time I looked into First National and got offered roughly 70% of the principal balance and they did not understand that in this situation, the loan was done with $0 money down.

That money could go a long way toward paying down your loan faster, as an extra several hundred dollars toward the principal each month can shave off years of payments.

Assuming your down payment is $5280 (3% of the purchase price) and your interest rate is 5.5%, your monthly principal and interest payment will be $969.

Principal Invested   $10,0006/11 - 12/11 @ 12% (6 months or 183 days)12/12-2/26 @ 18% (2 Months 14 days  or 77 Days) When calculating interest do you use the total number of days or do you use months and then days?

He promises to pay principal and interest at a yearly rate of 12 %.