Don G.
Gross vs net income: how are these numbers?
Eight total doors in Indiana. Gross annual rental income is $88,140. After insurance, tax, mortgage, and pm fees, net income is $40,057. $24,540 annual in annual interest to the bank. That’s a lot of money to give awa...
Jenna Columbus
Including Applicants Mileage as part of monthly Gross Income?
A applicant for one of our rental properties submitted her application and included under gross monthly income the mileage she receives from driving at her work. I'm unsure if I can include that in her monthly income ...
Rick S.
Gross Income Thresholds to claim real estate deductions / losses
My wife and I are new to the forum and to real estate investing. We are fortunate to have joint income in the $350k range combined.
We have read a lot of various articles and such but have a BIG question...
Based ...
Perig Vennetier
Strategy and amount needed for $25k gross annual income
Hi all,I could move to another country in a few years selling everything I have in California including principal residence. I would need about $50k per year to be quite comfortable there. I can easily get a job for $...
Mario J Perez
Multi-Family Expenses as part of Gross Operating Income
Hello,
I would like to get an idea of what percentage of the gross income expenses are in a large multi-family property?
I realize this is going to vary, but I would just like to get a ballpark figure.
Thing is, wh...
Nate B.
15K Duplex with 2K in gross income in Milwaukee
Hi All,
I am an investor from the Bay Area looking to expand my portfolio out-of-state. I'm looking at the numbers in Milwaukee and they just don't make sense; see attached links.
This duplex that is on the market ...
Zachary Wright
Seller asking for 93k. Gross income 2350 a month.
Seller is asking for 93k. 3 unit complex with 2350 gross income a month. What numbers am I missing to fully analyze this deal ? Yay or nay?
Jacob Zanger
Should marketing expenses be deducted from employee gross income?
So... I work as an Acquisitions/Dispositions manager for a small team of real estate investors. I get paid a % of every deal. So my question is should I as an independent contractor (1099) have the companies marketin...
David Martin
Schedule C or Adjusted Gross Income for Mortgage Qualification?
For conventional mortgage financing for us that are self employed and also use a Schedule C, do lenders consider your AGI as well or are they more/only concerned with the numbers on your Schedule C?Thanks!
Tyler Hyma
Management fees...deducted from Gross or Net rental Income?
As the title states, I am curious to know if you should deduct your property management fees from a property's gross or net rental income. Thanks in advance.