Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...
I'm looking into buying a quadplex to owner occupy. I've been reading about FHA loans and owner occupancy requirements on here.I'm a fan of tiny homes. I currently live in 280 sf and have almost zero expenses as far a...
Hello,A lot of the places that I find around here have an addition built that "shall not be rented or leased". Is anyone familiar with AirBnB's terms? I don't believe there is any lease or rent agreement with the gues...
Hello guys! I have a good W2 income as well as STR income.
2023 is the first year I thought I could qualify for RE status as I am working as the property manager, handyman... (750+ hours) man I worked hard!
Just fi...
Hello,the depreciation expense deduction from my rental property on my tax return is lowering my overall income.Is that depreciation "added" back to my total income when the bank calculates my debt to income ratio? Ar...
Hi there BP!
I currently have a rental listed for $1,700 and I am looking to have income of 3X the rent. I have an applicant with a rental voucher for up to the full amount of rent, so 1700 plus additional income of ...
Calling Alabama- Jefferson County Investors!Today - the new OTC list for 2018 Certificates came out today - We (Another Investor and myself) are finding lots of certificates on the list that the property did pay 2017 ...
If you lease a car, vs. borrowing for it, does the lease payment count against your debt to income ratio when applying for new mortgage debt?