Maintenance, repairs, and real estate taxes, and the loan payments. You are taxed on the rent you receive, but you deduct depreciation, repairs, interest, and real estate taxes, so it's often possible not to pay much (or any) income tax.
5 Answers · Business & Finance · 30/01/2021
Only if you can lower the rate by quite a bit. You owe what you owe and that won't change just with refinancing.
3 Answers · Business & Finance · 21/01/2021
... on my credit report - potentially allowing me to qualify for an FHA mortgage again in as little as 3 years or a conventional mortgage in 4 years...
3 Answers · Business & Finance · 17/01/2021
it might be for some people
3 Answers · Business & Finance · 14/11/2020
... your doctor says you have a disability as defined by the FHA , and that you need an air conditioned dorm, no one's going to argue...
3 Answers · Education & Reference · 29/10/2020
You need to tell your loan officer about this ASAP. Every single time one of my employees buys a house the lender sends me the employment verification to fill out and then about 3-4 weeks later, 1-2 days before signing...
2 Answers · Business & Finance · 03/09/2020
... since I fall under the Murphy's Law of the FHA rules.
2 Answers · Business & Finance · 01/09/2020