I am requesting inside regarding my filing requirement in California.Background-I am a California resident on active duty stationed in Washington. I am considered a nonresident for California tax purposes and as long ...

I would like to ask if the property below would be ok. I am a new investor. Price: $320,000Scheduled Gross Income $50,400 Effective Gross Income $48,384 Operating Expenses $24,496Net Operating Income $23,888Tax: $3,65...

Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...

Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...

I keep hearing or reading that one of the criteria for renters is that they have income 3x the rent or more.Is this gross income or net income?Thanks.

Hi everyone,For long term, is the norm to calculate PM's fees from gross or net income? For short term, I'm paying PM fees from net income after deducting maintenance/repair costs. Is this correct, or should utilities...

I have a 10 unit apartment building that is considered a commercial property by the bank, but does the IRS still consider this a residential property? I was reading this article Real Estate Depreciation: A Deeper Look...

I'm not sure how suited this question is for BP, but I'd like to mention if anyone knows.I currently pay child support bi-weekly.  Recently (April '17) I began leasing the first rental property for $1,600/mo, and the ...

I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...

How will my first real estate investment loan affect my credit score and my ability to receive more investment loans in the future. Does a FICO score even factor into real estate investments?