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To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
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Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...
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Hello, I have 100% equity in my first BRRR investment property, but not enough cash for a rehab to reach comps. I currently have no income, but an excellent score. I am struggling to decide the best path/strategy to a...
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Hi everyone,I'm posting here because I always get such amazing feedback, so here goes... I work in tech, earn low six figures and we're slowing paying down debt and planning purchase a small MF next year. The plan is ...
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Is it possible to finance a vacation rental with 10% down, but go over 43% DTI? Anyway to get the future income credited to your DTI with 10% down?
Hi all,
I'm new to the forum. I am interested in getting started in real estate, but I am having second thoughts because of my current financial situation.
I am an emergency medicine resident in Ohio. my financial ...
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Lenders to allow Airbnb income on mortgage forms
By Laura Kusisto
Published: Feb 8, 2018 9:49 a.m. ET
Homeowners soon will be able to count income they earn from Airbnb Inc. rentals on applications for refinance loa...
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Looking to go into business with two other fellas. What would be the best way to go about doing this? Start an LLC???
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In 2018 I opened a mobile home park with five units and my tenants are on HUD. I am trying to offset my earnings and am wondering if purchasing new units will offset the income so I can avoid paying all my earnings ou...
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Showed house to a married couple who actually completed their rental applications quickly, mostly accurately, and have good rental history and working the same jobs for years. They are the first folks to ever accompli...