Dina Harleth
Are gains from sale of the primary residence taxed at capital gains rate or ordinary income?
I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...
Ali Nurmohamed
Help me with calculating NOI
Do you calculate your NOI over you Gross scheduled income or just your Gross income?
Andrew S.
PMs and CPAs - do you report gross or net rents on 1099misc?
There was a thread on the board by @Nancy Neville on the general topic of 1099misc. Apparently it got zapped somehow by the moderators as I can't now find it anymore. I do have a side-question related to that topic ...
Milad Sadeghian
Income Requirements for FHA loan
Hello everybody,I have a simple question that matters a lot to me. When you apply for an FHA loan, what do the lenders look at? Your Gross monthly income (your total income before tax and expenses), or your gross adju...
Logan Allec
Non-Taxable Income for FHA Loans: Do 401(k) contributions count?
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Raj S.
Property management company asking for my social security number
I own properties in Nevada, and more recently I purchased my first property in Indiana. Is it normal for a property manager to ask for your social security number? Back when I purchased my first few properties in Ne...
James Sutton
How does a rental property affect your debt-to-income ratio
Hell Everyone,I'm trying to figure out how much the debt of my cash flowing rental condo adds to my overall "debt-to-income" ratio. I have a 2 year outlook and deciding whether it would be better for my wife and I to ...
Serena Kim
Simple Rule to Analyze Short-Term Rentals
What are the metrics you use to analyze your short-term rentals?
I've been analyzing my 4 short-term rentals from Kissimmee / Orlando (Disney area) and over the past few years they've grossed consistently around 18-...
Jeff Gebhart
What percent of an applicants income to rent do you want?
Do you require that household income be a certain percentage of the rent in order to qualify them? My Dad told me 25 years ago not to buy a house that the mortgage payment is more than 25% of your monthly take home. ...
Leo Tsang
How to analyze a deal?
I am new to real estate investment. After reading some related books and podcasts, I want to give it a try. Like many newbies, I am wondering how to perform a throughout analysis of a property which can be qualified a...