That keeps a running total throughout the year and makes it easy to do my taxes at end of year.Excel is a very easy to use program.

That is, you could only deduct his/her wages by a total of $381.20 (assuming you are paying minimum wage).

i would not press my wife to take a HELOC on our home - if i was not TOTALLY versed in the subject.

I'm doing a purchase and rehab on a property in which I'm approved for 90% of the total amount.

I'm doing a purchase and rehab on a property in which I'm approved for 90% of the total amount.

Total is 600-700.

For my 45 units, which is 6 different multifamily complexes, I put up a total of about $8,000 in downpayments/earnest money.

I'm looking for advice on how we can somehow come together:My desired terms:$5k down (applied to down payment if purchased)$1495/month with $200 rent credit1-year purchase at $375kHis counter:$5k down and then an additional $5k down at 12 months and 24 months (all $15k total applied to down payment at purchase)$1100/month with no rent credit3-year purchase at $365kBtw, market rent is $1195-$1295.

$4,000 total holding costs - 4 Month*Without Realtor:Rehab time (1-2 months), FSBO advertising time (1-4,5,6 ++ months), Contract, Option & Pending time (3-6 weeks w/o Realtor guidance) and GOD HELP YOU IF A CONTRACT FAILS!!!

I TOTALLY AGREE WITH YOU.