Kevin Zou
Does depreciating house on tax return lower borrowing power?
Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
Jon A.
Owner occupancy duplex and tax question
I have recently separated from my marriage partner and moved into a duplex that I purchased before marriage. This has all happened within the last 30 days. We have a HELOC that we qualified for together back in 2020 t...
Javier Carbonell
Reputable builder in montgomery county, MD
Hello all,I just purchased a property in Laytonsville, MD Montgomery County where the existing structure needs to be knocked down and put up a new structure. I am contemplating putting a prefab home on there, but woul...
Elizabeth Conklin
HELP! HELOC has resulted in drop in my credit score
Looking to all of you (the experts) to find out how I can successfully carry mortages on multiple properties without impacting my credit score. I have one conventional mortage on my STR and just starting drawing on ...
Franc B.
Slow fridge leak damaged my floors can I claim on home owner’s insurance?
A slow leak has caused $2.5K damage to a rental property of mine. Does anyone know if home owner’s insurance would cover this? Looking for guidance before I submit a claim. Thank you.
