Joshua Jones
Lowering DTI by renting home to an LLC I own
I have my homestead property we are going to AirBnb in the future. We would like to buy another home but my DTI is too high with my current home. I know that I can rent it out long term and it can be taken off of my D...
Pal Sa
Community property and guests
This is not related to rental property. I did not find any relevant section in which to ask this question. If a married couple owns a property together, do both spouses need to invite a guest? Is it enough if one spou...
Account Closed
Tenant Screening- Joint Income?
It's common knowledge that a basic qualification for a tenant is to show income that is 3x's the rent. However, if a husband and wife or a boyfriend or girlfriend are filling out the application, is this a joint requi...
Victoriya Mints
Screening for co-applicants - please advise
I am new landlord and would appreciate some advice. I have a young engaged couple with her child who are interested in renting my home. During the showing, they said they can meet the income criteria of 3X/income join...
Rocco Swinney
Married and cant writeoff rentals anymore?
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
Walter Correia
What is the best option to file when married?
What yields the most income tax return, file married separately or file jointly?
Ted Klein
Selling a Property Back to Yourself
Upon the death of my sister, I have been researching properties owned by her and I have found quite a lot that I need help understanding.She was previously married and legally divorced but began living with her new pa...
Prem Schoff
Can you buy rental properties in your name only if married?
This might be a strange question to ask, but as a married couple am I able to buy rental properties in my name only? I think there are many pros and cons to this option but wanted to get input from others if they have...
Chad Franich
How do I evaluate multiple tenants
Greetings. We’ve recently rehabbed a 3 bedroom house and have listed it for rent. I have several people that have applied and when running their credit reports sometimes say a married couple ( the husband has decent c...
Taylor Grabus
Should my fiancé and I both get separate FHA loans to acquire 2 properties or go with a private lender?
Good morning,I am a rookie REI located in Essex County in Massachusetts. I am currently researching and creating a long term plan for my real estate investment. I was wondering what people thoughts were about my spous...