Jeremiah Purdum
cash flow to taxable income ratio
Doing some year end math and I'm looking back across the last few years. On a SFH the second year the cash flow to taxable income on my sch E was .39. It jumped to .81 and .84 the next two years (if I did my quick cal...
Olga Andrukh
Assessment- how does it relate to taxes
Hello all!I am looking to buy my first multi family but need to make sure I understand my monthly payments to find the best deal. Unfortunately this includes figuring out taxes. I am trying to wrap my head around asse...
Amy Konopka
Addbacks re: Lending for Self Employed/Investors/Biz Owners
I researched the forums and the last time this question was answered was two years ago and only by one person. I have a few other questions-1. I've heard interest, depreciation, even HOA dues are sometimes added back...
Account Closed
How do I calculate my capital gain?
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
Tony T.
Formula Needed for Fan/Freddie where Rentals are Only Income
Question: What are the exact calculations a bank makes for a traditional mortgage (Fannie/Freddie) for a refi of my non-occupied duplex if my only income is a 12-unit rental property (plus the duplex)?
The bank told ...
Joel Allen
DoD Releases 2022 Basic Allowance for Housing (BAH) Rates
The DoD recently released the 2022 Basic Allowance for Housing (BAH) rates for military service members. BAH rates will increase an average of 5.1 percent when the new rate takes effect on January 1, 2022, which is t...
Art Webb
IRA UBIT with Comm Real Estate
If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ? If the property is paid in cash and later a mortgage is secured does it impact the UBIT questio...
Josh Sharp
Property taxes in Las Vegas, NV
Hi all,I know that property taxes in Las Vegas are about 1% of the taxable value of the property. Is the taxable value the same or about the same as the purchase price?Thanks.
Billy Raz
Depreciation - How to Account for on Income Statement?
Hi,I'm working on the financials section of my BP. How do you calculate and include depreciation on the income statements?If I use a depreciation calculator and calculate an annualized deprecation amount of $3k, shou...
Denis Davidyuk
Income tax on rental
Does the 50% rule account for income tax? How is rental income taxed? If a houses produces $1000/month does a set percentage of that 1000 get taxed?