Q&A: How do I calculate a apartment building investment cash flow after taxes or before taxes?
Keeping It Real: Underwater mortgage holders may be able to refinance The Home Affordable Refinance Program was announced in March 2009. It was designed by the government to help 5 million underwater or equity-challenged borrowers nationally. In October 2011, visit this discount in an effort to help more borrowers, story the loan-to-value … If you would like more informaiton please visit here… Wall Street Breakfast: Must-Know News … says mortgage-bond trader Patrick Ahn. The Federal Housing Finance Agency will show in a report today how more borrowers, particularly those who are in negative equity, are taking advantage of the government's Home Affordable Refinance Program, … If you would like more informaiton please visit here… US mortgage refinance program on the up The US government effort to help struggling homeowners under the home affordability refinance program (HARP) nearly doubled in 2012 from 2011. Harp helps borrowers stuck in loans backed from Fannie and Freddie Mac and which are in negative equity. For more informaiton please visit here… Question by boss: How do I calculate a apartment building investment cash flow after taxes or before taxes? I am going to invest in a apartment building using a loan. Is it the noi-annual debt service-annual mortgage payments-the annual loan paybacks-income taxes? If this isn’t right, pharmacy then please provide the proper way of determining my actual annual profit after taxes or pre-tax. Best answer: Answer by fn0384You need to calculate the after-tax rental income first, remedy then after tax cash flow second. First after-tax income from the property. Income a) gross income from the rentals Expenses b) mortgage interest c) depreciation (assume 80% of the purchase price is depreciable building, thus annual depreciation is purchase price * 80% / 27.5 years or about 2.9% of the purchase price) d) real estate taxes e) rent loss due to vacancy, tenant f) management fee g) maintenance fee h) insurance Income – expense would give you roughtly taxable rental income from the property. Assuming the rental bldg generates a (paper) loss, you can apply it towards your personal ordinary income and use it to reduce your ordinary income. If you show a rental profit, then you would have to pay at your marginal tax rate. Cash Flow: Annual Rental income – annual mortgage payment -/+ tax liability or tax benefit from owning this property. Add your own answer in the...
Read MoreKeeping It Real: Underwater mortgage holders may be able to refinance
Keeping It Real: Underwater mortgage holders may be able to refinance The Home Affordable Refinance Program was announced in March 2009. It was designed by the government to help 5 million underwater or equity-challenged borrowers nationally. In October 2011, visit this discount in an effort to help more borrowers, story the loan-to-value … If you would like more informaiton please visit here… Wall Street Breakfast: Must-Know News … says mortgage-bond trader Patrick Ahn. The Federal Housing Finance Agency will show in a report today how more borrowers, particularly those who are in negative equity, are taking advantage of the government's Home Affordable Refinance Program, … If you would like more informaiton please visit here… US mortgage refinance program on the up The US government effort to help struggling homeowners under the home affordability refinance program (HARP) nearly doubled in 2012 from 2011. Harp helps borrowers stuck in loans backed from Fannie and Freddie Mac and which are in negative equity. For more informaiton please visit...
Read MoreCiti refinance HARP, min LTV.?
Verify out these large home pictures: Construction at Michigan Stadium (the Large House) – University of Michigan’s Football Stadium Image by cseeman Huge rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. If you would like to see a lot more properties click here… Construction at Michigan Stadium (the Huge House) – University of Michigan’s Football Stadium Image by cseeman Large rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. For more homes click right here… Question by ask8697: What is the subprime mortgage crisis? What is subprime mortage crisis? How did it happen, search who is responsible? How did the players justify their actions? How did this effect the US and world economies? What did you learn? i’m writing a paper on this…help me get started with anything you might know on this topic. Thank you. I am now going to do research on my own, i just thought i would post a question here because the more time it’s up the more answers, i’m not asking you to do my homework, just what you want or can help with. All right thank you. Best answer: Answer by AizaHmm that is a loaded question but here we go. The subprime mortgage crisis started when Clinton was pushing for everyone to have a chance at achieving home ownership. Then banks became very relaxed in their underwriting, loan approval processes. Exotic or stupid loans in which people did NOT have to prove their income became rampant, and as the real estate market prices soared everyone would buy a house w/o income documentation and after 6 months they would sell that very same house for hefty profits. But then when the market slowed down, many banks had to close down. The government chose to blame mortgage brokers for this crisis.. HOWEVER, the reality is that the banks themselves were doing these loans, otherwise brokers would not have had buyers to sell the paper to. Countrywide had a SISA loan at 100% financing.. this means stated income and stated assets, imagine you could be a taxi driver and on the application you simply stated that you were the manager of the taxi station and you stated your income at $ 100k per year, and then you stated that you had $ 30k in savings all without every producing any proof. Then there were 100% NINA loans obviously at a higher rate, in which you provided NO income declarations and NO asset declarations. People rushed to do these loans expecting to be able to quickly flip these properties for thousands of dollars in profits. The players have NOT justified their actions, the big bankers knew what was happening and they were making money by selling these toxic MBS “Mortgage Backed Securities” to wall street hedge funds and even China. Well think about it, unemployment is sky high, foreclosures are up, property value is down. The us economy has taken a huge hit. And world economies have also taken a beating as they rely on the US for trading power. Give your answer to this question below! Question by Pebbles: Citi refinance HARP, cialis 40mg min LTV.? We got a letter from citimortgage (we have our current mortgage through them) that as a thank you for paying on time for the last 4 years, pharm they are offering us a free refinance at a rate of 3.5% interest, no fees whatsoever. The paperwork says it is through the Home Affordable Refinance Program. So this is kind of a...
Read MoreWhat is the subprime mortgage crisis?
Verify out these large home pictures: Construction at Michigan Stadium (the Large House) – University of Michigan’s Football Stadium Image by cseeman Huge rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. If you would like to see a lot more properties click here… Construction at Michigan Stadium (the Huge House) – University of Michigan’s Football Stadium Image by cseeman Large rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. For more homes click right here… Question by ask8697: What is the subprime mortgage crisis? What is subprime mortage crisis? How did it happen, search who is responsible? How did the players justify their actions? How did this effect the US and world economies? What did you learn? i’m writing a paper on this…help me get started with anything you might know on this topic. Thank you. I am now going to do research on my own, i just thought i would post a question here because the more time it’s up the more answers, i’m not asking you to do my homework, just what you want or can help with. All right thank you. Best answer: Answer by AizaHmm that is a loaded question but here we go. The subprime mortgage crisis started when Clinton was pushing for everyone to have a chance at achieving home ownership. Then banks became very relaxed in their underwriting, loan approval processes. Exotic or stupid loans in which people did NOT have to prove their income became rampant, and as the real estate market prices soared everyone would buy a house w/o income documentation and after 6 months they would sell that very same house for hefty profits. But then when the market slowed down, many banks had to close down. The government chose to blame mortgage brokers for this crisis.. HOWEVER, the reality is that the banks themselves were doing these loans, otherwise brokers would not have had buyers to sell the paper to. Countrywide had a SISA loan at 100% financing.. this means stated income and stated assets, imagine you could be a taxi driver and on the application you simply stated that you were the manager of the taxi station and you stated your income at $ 100k per year, and then you stated that you had $ 30k in savings all without every producing any proof. Then there were 100% NINA loans obviously at a higher rate, in which you provided NO income declarations and NO asset declarations. People rushed to do these loans expecting to be able to quickly flip these properties for thousands of dollars in profits. The players have NOT justified their actions, the big bankers knew what was happening and they were making money by selling these toxic MBS “Mortgage Backed Securities” to wall street hedge funds and even China. Well think about it, unemployment is sky high, foreclosures are up, property value is down. The us economy has taken a huge hit. And world economies have also taken a beating as they rely on the US for trading power. Give your answer to this question...
Read MoreConstruction at Michigan Stadium (the Massive House) – University of Michigan’s Football Stadium
Verify out these large home pictures: Construction at Michigan Stadium (the Large House) – University of Michigan’s Football Stadium Image by cseeman Huge rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. If you would like to see a lot more properties click here… Construction at Michigan Stadium (the Huge House) – University of Michigan’s Football Stadium Image by cseeman Large rennovations at the Large Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. For more homes click right...
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