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What is the duration of Income Property?

The duration of Income Property is 1800.0 seconds.


When was Income Property created?

Income Property was created on 2009-01-01.


Does the staging stay with the income property on the tv show income property?

No it does not. It is removed after filming.


When buying a multifamily home do lenders consider income from the rental unit as part of total income?

If by income, you mean the buyer's income, then the answer is no, the bank will not impute the property's income to you, since you do not yet own the property. If you are asking whether the bank takes the property's income *into account* when you are borrowing to purchase, then the answer is yes. Banks will lend based on the amount of income the property is currently generating.


What could happen to a cosigner if the income taxes were not done on a property?

Property does not have an income tax return.


Who pay tax on income property?

The owner of the property pays the tax on the income generated by the property. This is known as the "fruit of the tree doctrine."


What are the risks of turning your home into a rental property?

There are multiple risks of turning your home into a rental property. First, finding a responsible, reliable tenant who will take care of the property. Second, finding someone who will pay the rent in a timely basis. Third, you will have income tax consequences.


How does a person qualify for a second mortgage?

If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.


What are some uses for a finished basement?

A finished basement has several possible uses. One use would be turn the basement into a games room. Another alternative would be to rent it out in order to generate some income.


If your net income is 47000 what is your gross income?

Jones bought an income property for which $47,000.00 was deducted from gross income for operating expenses. If the operating expenses are 30% of gross income, the value of the property using a cap rate of 12.5%?


Can rents from income property be garnished?

no


How do you calculate Community Property Income Adjustments?

To calculate Community Property Income Adjustments, first identify all income earned during the marriage by both spouses, as community property laws treat this income as jointly owned. Next, determine each spouse's individual income and any separate property income. Adjust the total community income to reflect any agreed-upon distributions, deductions, or allowances, such as spousal support or child support. Finally, ensure the calculation aligns with state-specific community property laws, as they can vary.