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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 673
Registered: 01-2007
Posted From: 50.252.102.19
| | Posted on Tuesday, May 02, 2017 - 4:06 pm: |
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Yes but that is a sop given by govt for investors to invest in housing |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 486
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 4:03 pm: |
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Gotcha:Car depreciation lagane investment house ki kuda depreciation claim cheyavachu
general ga house perugutundi kada annai, atleast 1-2% aina
Pettesaa
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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 671
Registered: 01-2007
Posted From: 107.77.89.65
| | Posted on Tuesday, May 02, 2017 - 4:01 pm: |
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Car depreciation lagane investment house ki kuda depreciation claim cheyavachu |
Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 670
Registered: 01-2007
Posted From: 107.77.89.65
| | Posted on Tuesday, May 02, 2017 - 4:00 pm: |
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If u dont have tenants ur expenses will be more and so it will result in losses but since u both are working losses federal taxes loki roll avavu mee salary range ki.
If u r single income earner investment properties losses workput avutayi |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 484
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:49 pm: |
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Gotcha:just okali salary run ki kuda work avutundi.
Wife FT, nenu H1...iddariki work kaadu...sare, ee company vadileyandi...
Investment property ki evaru tenants rakapote emi cheyali ? Losses emanna file cheyacha ?
Kinda depreciation ani chepparu 3K, adi enti
Pettesaa
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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 669
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:47 pm: |
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Ntr_rocks:
just okali salary run ki kuda work avutundi. 10k expenses clain cheyavachu plus tax less. |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 483
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:46 pm: |
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Gotcha:just IT company to run ur salary or ur wife's salary.
iddaram run cheyalem, vere evaru leru...Work avvadu ga..
Pettesaa
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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 668
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:43 pm: |
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Ntr_rocks:
just IT company to run ur salary or ur wife's salary. oka 500$ karch avutundi for opening a company. taruvata evaraina payroll valato setup ayia payroll run cheyadame. general ga cpa dagare untayi payroll services info.
say ur getting 100$ per hour,
say 60k ki run chesi migata expenses teese migildani meeda 15% tax katame since it is corporation if trump taata law passes. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 5
Registered: 05-2017
Posted From: 206.200.254.205
| | Posted on Tuesday, May 02, 2017 - 3:42 pm: |
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Gotcha:
oh cool. inni rojulu only primary house mortgage interest is tax deductible ani anukuntunna. thanks. |
Speaker
Pilla Bewarse
Username: Speaker
Post Number: 85
Registered: 04-2017
Posted From: 66.46.216.10
| | Posted on Tuesday, May 02, 2017 - 3:41 pm: |
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Ntr_rocks:Deni gurunchi inka konchem cheppandi
s corp open cheyyehes...hd ka naam pe |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 481
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:40 pm: |
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Gotcha:
Investment property ki 20% down payment avasaram ledu annaru, adi kuda elago cheppandi...
Pettesaa
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Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 480
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:39 pm: |
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Gotcha:
So, end of the day losses kabatti tax emi kattamu antaru, anthena ?
MOnna kuda chepparu, wife name meeda company open cheste Trump tax tho inka ekuva save avutundi ani...Deni gurunchi inka konchem cheppandi...
Elanti company open cheyali, open cheyataniki entha money avutundi, maintenance etc
Pettesaa
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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 666
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:38 pm: |
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Wanderer:
evaru cheparu it is deductible. 1960s lo us govt kavali ani add cheseindi aa clause to promote private participation in RE housing. |
Wanderer
Pilla Bewarse
Username: Wanderer
Post Number: 4
Registered: 05-2017
Posted From: 206.200.254.205
| | Posted on Tuesday, May 02, 2017 - 3:37 pm: |
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Gotcha:
investment property paina mortgage interest tax deductible kaadu kada andi? |
Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 662
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:33 pm: |
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Ntr_rocks:Alage ipudu investment property koni(lets say 200K), Next 2 years lo inko Living Property(lets say 400K) petti konali ante emanna prob avutunda ?
untundi bank vadu will ony cosider 70 to 80% of rent and will see if you need more to pay ur mortgage payments.
ante if u r getting 1000$ monthly rent and ur paying 1000$ in mortgage payments he will assume u have 200$ monthly expense and will use that to calculate ur debt to income ratio. |
Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 661
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:30 pm: |
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Ntr_rocks:
taxes appudu taxes katali. adi ela work out avutundi ante see below:
say you get 1000$ per month so your annual income for rents is 12000
so from these subtract property tax say 5000
Mortgage Interest say 3000
expenses like repairs, your visit to the house (airline charges for your trip esi dobbu) 1000
depreciation certain percent say 3000
HOA fees per month say 100 so 1200 for year
now do the math
12000-5000-3000-1000-3000-1200= -1200
so u r making loss of 1200 per year.
so no need to make taxes but ade company peru meeda petavu anuku illu u can roll these losess into ur federal taxes and pay less tax provided u are not earning too much money |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 474
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:10 pm: |
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Gotcha:yes H1 meeda konochu emi proble ledu.
Taxes file chesetapudu prob emi vundada annai ?
Alage ipudu investment property koni(lets say 200K), Next 2 years lo inko Living Property(lets say 400K) petti konali ante emanna prob avutunda ?
Pettesaa
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Gotcha
Pilla Bewarse
Username: Gotcha
Post Number: 659
Registered: 01-2007
Posted From: 172.87.48.134
| | Posted on Tuesday, May 02, 2017 - 3:06 pm: |
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yes H1 meeda konochu emi proble ledu.
vere state lo koni rental easy through RE agents, they take 1 month rental as fee. I did my own through postlets.com which is free. If u dod it urself you have to use a service fromtransunion to check rental history adi tenat tone pay cheyinchavachu which 15$ or 25$ I think
indulo AD post cheste 4 or 5 sites lo chupistundi like Trulia, Zillow (postlets ni Zillow) konadi. |
Ntr_rocks
Pilla Bewarse
Username: Ntr_rocks
Post Number: 473
Registered: 10-2007
Posted From: 152.85.8.38
| | Posted on Tuesday, May 02, 2017 - 3:03 pm: |
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H1 meeda properties koni, every month rent tesukovachu prob ledu flip cheyakapote annattu gurtu..nijamena ?
Ipudu vere state lo property konte, Rent ki ivvataniki ela, Realtors ela commission tesukuntaru...
Pettesaa
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