Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
The income requirement was $6000.
Andrew Katz
What year do I count income for?
15 January 2025 | 9 replies
I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025?
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
(income = 3 x monthly rent, Debt-To-Income, etc. can still be used!)
Anthony Maffei
How to Best Leverage $500k in Equity for Additional Income
19 January 2025 | 11 replies
My goal is to leverage that equity for additional income.
Colton D Lawrence
Creative ways to Improve Debt-Income to Qualify for Loan Approval
14 January 2025 | 1 reply
I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?
Lauri Taylor
Passive income property
4 January 2025 | 0 replies
I am working toward passive income to live off of.
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Typically 75% of rental income can be applied towards your DTI for qualification.
Account Closed
PM needs ss#
21 January 2025 | 13 replies
They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS.
Vivien H.
Looking for a Tax CPA: Expertise in US & German Tax Law, Real Estate, Mixed Income
18 January 2025 | 2 replies
I am seeking an experienced tax advisor (preferably licensed in CA) with strong expertise in US and German tax law, particularly in real estate investments, mixed income (W-2 & self-employment), and international taxation matters.
Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.