Please point me in the direction of the thread if this has already been answered but, how do you qualify for a loan if your sole income is passive income?

looking to start investing. Currently won a settlement looking to get into buying real estate and rehabbing for a career. If you are a wholesaler lets make deal. If you are an agent lets work together.
Steve
Buck...

I'm interested in putting a property for sale into a DST Deferred Sale Trust. Since the proceeds of the sale is placed in a trust. The trust then reinvest those sale proceed, and the investor can be paid from the inte...

Anyone know of a good tax planner or CPA that I can best figure out my plan going forward.  Our AGI is very important as it not only affects our tax hit, it also determines our student loan payments.  I have a busines...

Just purchased a duplex as an owner occupier with me living in the basement and renting out the top two floors. Just got my taxes done and I'm confused on how I go about getting my rental income reported to the IRS

New to house hacking, just got my first property and it is a duplex. I have two questions i feel as though no one every properly address.1) When you rent out the second unit in your duplex, is it best to collect the r...

My question is this:I know that on a loan is taxed as income.  If I'm buying a house (free and clear) from the owner, how is the principal portion of that payment treated (for tax/income purposes) for the LENDER.  I'm...

I have lived in my home for 10 years, now i am planning to move to bigger home and rent the present one.I understand that if I sell the home within the next 3 years, there will no be no capital gains tax, I made a pro...

Hi BP I have a home in San Antonio Tx close to Locklane Air force base it rents for $1050 a month with a 105 pm fee the mortgage is 846.50 PITI my take home profit is $98.50 as long as there are no repairs or vacancie...

Hello,I am trying to wrap my head around cash out refinance.Say if I bought a home couple of years ago for 750k and it has now appreciated to 950k based on appraisal and I have an equity of say 50k in the form of prin...