.- Maint and Repair, 10% of income is a good starting point- Vacancy and credit loss, if the property is run well, 5% is a good starting point- Utilities- Advertising- Legal (evictions, lease advice)- Tax prep- Property management placement fees (usually 50-100% of one month's rent)

I am curious how rental income is calculated in the eyes of the lender and how that plays into the DTI.For example, I know a rental with positive cash flow can report as a loss for tax purposes due to depreciation.

You can write off your losses for tax purposes.

As much as i hate to, if F4F doesn't call me tomarrow by noon i will go to my awesome bank- but still a bank and hope they will give me the credit I need to secure this place and begin participating in this amazing market, and no more rationing food by the 15th of the month while my wife Drs. hound her for higher protein in her diet.  

That will depend upon the profit/loss you show.  

A bigger bath would more than outweigh the loss of the shelving unit.

I've been on strict diet since August and have already lost close to 30 pounds and almost at my target weight.  

And because these big banks and mortgage companies were planning on people paying the debt they agreed to pay, they have tons of losses, which weighs on every facet of their business.

I was just so upset at the closing, that I didn't think until way after that I could have at least asked for a credit of $4,800 ($200 loss per month for 24 months).

Hello,Is it possible to apply accumulated passive activity loss from prior years' (Real Estate) to a current year if the income from that years real estate activity is less than the income generated by the Real Estate (as an Active RE professional) in the current year?