29 March 2024 | 4 replies
I pay 6% interest only on free-and-clear houses, and have also taken over mortgages, subject to the existing financing.A rental ought to be on your tax returns for 2 years before lenders use the extra money as income.
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29 March 2024 | 11 replies
Note: Payment on any debt secured by virtual currency is an exception to the above policy and must be included when calculating the debt-to-income ratio.
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28 March 2024 | 3 replies
Could you go reinvest it in another property to build even more income?
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26 March 2024 | 2 replies
Are non refundable pet deposit taxable income for my rental properties?
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28 March 2024 | 1 reply
Right now we just have a separate personal account that houses our rental income and expenses.
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26 March 2024 | 6 replies
But her name is not on the properties.As I understand, we don't get any advantage in the real estate losses against my W2 income.
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26 March 2024 | 11 replies
Passive income streams require an upfront investment and a lot of nurturing in the beginning.
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29 March 2024 | 6 replies
When you look at average income vs. purchase price, the current market is unsustainable.
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29 March 2024 | 3 replies
I received an insurance pay out and lost rental income through September 2023, which has since ended.