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Anxious

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Suffolk
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Username: Suffolk

Post Number: 373
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Posted on Thursday, July 19, 2018 - 07:17 pm:       


Andhrawala:


now iam refinancing all 3 mansions for 15yrs mortgage
 

Vja2va
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Posted on Thursday, July 19, 2018 - 01:41 pm:       


Andhrawala:

depreciation theesi




Depreciation taxes lo teeseste repu aa house ammetappudu (motham sale price - all years of depreciation) income ga soopinchala?
 

Suffolk
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Username: Suffolk

Post Number: 368
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Posted on Thursday, July 19, 2018 - 01:24 pm:       


Ferrari:




Yr ki oka house teyalli.

adhi lekka
 

Ferrari
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Username: Ferrari

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Posted on Thursday, July 19, 2018 - 12:47 pm:       


Suffolk:

i suggest every h1b has to buy 3-4 houses.


month ka lekapothe year ka confirm cheseyi..
 

Suffolk
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Username: Suffolk

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Posted on Thursday, July 19, 2018 - 12:07 pm:       

i suggest every h1b has to buy 3-4 houses. h1b has to drive housing market in US.
 

Suffolk
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Username: Suffolk

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Posted on Thursday, July 19, 2018 - 12:04 pm:       


Ferrari:


Ferrari kooda right person he typically buys a mansion every month.
 

Lolakulu
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Username: Lolakulu

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Posted on Thursday, July 19, 2018 - 11:32 am:       


Andhrawala:

Veetiki Itemized avasram ledhu

Por example 20K rental income anuko. minus expeses theesi and depreciation theesi balance ki u pay taxes




cool idea annai.
 

Andhrawala
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Posted on Thursday, July 19, 2018 - 11:28 am:       

OG annai,

Do you pay PMI for all ur homes as down is below 20%

Lolakulu,vokey. inko question. rental income tax returns lo chupistha annavu. so item deductions sesthunnava like property taxes for all 3 homes, maintainance costs like HOA fees and repairs, household head and child dependent deduction etc.

Veetiki Itemized avasram ledhu

Por example 20K rental income anuko. minus expeses theesi and depreciation theesi balance ki u pay taxes}
No Signature
 

Speaker
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Posted on Thursday, July 19, 2018 - 11:26 am:       


Lolakulu:

kani knowledge is devine annaru ga.




knowledge unnollu ee thread lo evvaru leru...


You are Either with Us or NOT with Us..
My Way or Highway.......
 

Lolakulu
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Username: Lolakulu

Post Number: 645
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Posted on Thursday, July 19, 2018 - 11:25 am:       


Ferrari:

Gotcha vuncle is the right person to answer all your questions..saradaga moodu town house lu aaru condos koniparese rakam..




cool bah.
 

Lolakulu
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Username: Lolakulu

Post Number: 644
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Posted on Thursday, July 19, 2018 - 11:24 am:       


Speaker:

neeke song bamboo ledaaaa???




pani eppudu vuntadi annai. daanekemi subbaram ga untadi. kani knowledge is devine annaru ga.
 

Lolakulu
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Username: Lolakulu

Post Number: 643
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Posted on Thursday, July 19, 2018 - 11:23 am:       


Suffolk:

IDEAL ga aiethey positive cash flow chupiyalli, itemize chesthey your rental income will not help in the equation.

so tell your CA to show positive cash flow you should be good.




cash flow ante, are you running rentals on LLC name?
 

Ferrari
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Posted on Thursday, July 19, 2018 - 11:21 am:       


Lolakulu:

vokey. inko question. rental income tax returns lo chupistha annavu. so item deductions sesthunnava like property taxes for all 3 homes, maintainance costs like HOA fees and repairs, household head and child dependent deduction etc.


Gotcha vuncle is the right person to answer all your questions..saradaga moodu town house lu aaru condos koniparese rakam..
 

Lolakulu
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Username: Lolakulu

Post Number: 642
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Posted on Thursday, July 19, 2018 - 11:19 am:       


Sannayi_nokkulu:

nammesava??




idea seems possible gada. AFAIK banks only cares payments vs earning since home is immovable asset. they don't care about risk of default on payment anymore. For them it is CD Swap at the EOD if so many people defaults and govt. takes care of it. who has ethics these days. no CEO or CFO or executive has them.
 

Suffolk
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Username: Suffolk

Post Number: 361
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Posted on Thursday, July 19, 2018 - 11:18 am:       

if you dont itemize you will end up lot of irs taxes. 2 kavalli antey kastam.
 

Speaker
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Posted on Thursday, July 19, 2018 - 11:17 am:       


Lolakulu:




neeke song bamboo ledaaaa???
You are Either with Us or NOT with Us..
My Way or Highway.......
 

Suffolk
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Username: Suffolk

Post Number: 360
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Posted on Thursday, July 19, 2018 - 11:15 am:       


Lolakulu:


IDEAL ga aiethey positive cash flow chupiyalli, itemize chesthey your rental income will not help in the equation.

so tell your CA to show positive cash flow you should be good.
 

Lolakulu
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Username: Lolakulu

Post Number: 641
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Posted on Thursday, July 19, 2018 - 11:12 am:       


Suffolk:

house tesukoney frathi sarri CC balances zero chestanu, home loan tesaka full gates etheysanu and CC balances start to buildup. cycle repeats



vokey. inko question. rental income tax returns lo chupistha annavu. so item deductions sesthunnava like property taxes for all 3 homes, maintainance costs like HOA fees and repairs, household head and child dependent deduction etc.
 

Suffolk
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Username: Suffolk

Post Number: 359
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Posted on Thursday, July 19, 2018 - 10:59 am:       


Lolakulu:


e sarri kooda evo konni chepperu. following that.
 

Suffolk
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Username: Suffolk

Post Number: 358
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Posted on Thursday, July 19, 2018 - 10:53 am:       


Lolakulu:


house tesukoney frathi sarri CC balances zero chestanu, home loan tesaka full gates etheysanu and CC balances start to buildup. cycle repeats
 

Suffolk
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Username: Suffolk

Post Number: 357
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Posted on Thursday, July 19, 2018 - 10:48 am:       


Lolakulu:


emo abba, nannu bhi savadengey vallu ratio ekkuva undi ani, vallu cheyamannavi follow aeipotamey..
 

Suffolk
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Username: Suffolk

Post Number: 356
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Posted on Thursday, July 19, 2018 - 10:45 am:       

 

Happydays
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Posted on Thursday, July 19, 2018 - 10:44 am:       


Ferrari:

suffolk is OG ani





Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin,Florida,Rohit Sharma
 

Sannayi_nokkulu
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Posted on Thursday, July 19, 2018 - 10:41 am:       


Happydays:


chassfeakudu kuda ayanade idi
sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Sannayi_nokkulu
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Posted on Thursday, July 19, 2018 - 10:40 am:       


Lolakulu:


nammesava??
sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Ferrari
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Username: Ferrari

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Posted on Thursday, July 19, 2018 - 10:40 am:       


Happydays:

is my guess correct?


DB lo neeku tappithe andhariki telusu suffolk is OG ani..
 

Happydays
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Username: Happydays

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Posted on Thursday, July 19, 2018 - 10:38 am:       


Ferrari:

appudappudu vere theds kuda chudu annai..eppudu Biggboss thed lo unte etla..




is my guess correct?

bigg boss stress relieve for me.:-)
Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin,Florida,Rohit Sharma
 

Vja2va
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Username: Vja2va

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Posted on Thursday, July 19, 2018 - 10:21 am:       

OG kurrod lekapothe section 8 vallu eti ayye vallo emo ee desam lo..
Section 8 valla palita pennidi maa VRK diet sesina guntur slim simham OG kurrod..
 

Ferrari
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Username: Ferrari

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Posted on Thursday, July 19, 2018 - 09:57 am:       


Happydays:

Suffolk ..are you OG by any chance?


appudappudu vere theds kuda chudu annai..eppudu Biggboss thed lo unte etla..:D
 

Lolakulu
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Username: Lolakulu

Post Number: 640
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Posted on Thursday, July 19, 2018 - 09:51 am:       


Suffolk:

if your taking 2nd 3rd HL your debts on credit cards and carloans emi should be less. when you give it for rent the rental income will add up, but you have to show it on ur Taxes

it all comes to ratios you have to meet that No matter what.




ok let say 100k income meeda you will get 65 k after taxes(5500 in hand). if you have one HL(1500 emi), two CC (each 300 EMI) and one car(250 emi). in this scenario, 2400 already gone for payments. Rest 3000 is your expense like insurance payments, home expeneses etc. would you be eligible for 2nd HL? just telusu kovalani aduguthunna. jealousy tho adagatledu.
 

Uno
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Posted on Thursday, July 19, 2018 - 09:49 am:       


Lolakulu:

oka question. vallu house loan inni houses ki ela isthunnaru? general ga vallu nee salary and already unna debt payments chustharu gaa. so already neeku 3 houses meeda EMI payments unnayi. so how they are giving you new home loan?




silly question.He pays cash for all his 3 bedroom mansions
 

Happydays
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Posted on Thursday, July 19, 2018 - 09:46 am:       

Suffolk ..are you OG by any chance?

similar lines lo unnayi posts
Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin,Florida,Rohit Sharma
 

Suffolk
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Username: Suffolk

Post Number: 355
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Posted on Thursday, July 19, 2018 - 09:42 am:       


Lolakulu:


Ask your realtor no

same quechen.

if your taking 2nd 3rd HL your debts on credit cards and carloans emi should be less. when you give it for rent the rental income will add up, but you have to show it on ur Taxes

it all comes to ratios you have to meet that No matter what.
 

Lolakulu
Junior Artist
Username: Lolakulu

Post Number: 639
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Posted on Thursday, July 19, 2018 - 09:42 am:       


Speaker:

1000 Tron ni thaakattu pedithe oka 10 million $ isthunnaaranta bankie lo...



emo idi anna. assalu vallu ee calculation prakaram loan isthunnaru.
 

Speaker
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Posted on Thursday, July 19, 2018 - 09:39 am:       


Lolakulu:

so how they are giving you new home loan?




1000 Tron ni thaakattu pedithe oka 10 million $ isthunnaaranta bankie lo...

kikiki
You are Either with Us or NOT with Us..
My Way or Highway.......
 

Lolakulu
Junior Artist
Username: Lolakulu

Post Number: 638
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Posted From: 184.164.147.5

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Posted on Thursday, July 19, 2018 - 09:15 am:       

oka question. vallu house loan inni houses ki ela isthunnaru? general ga vallu nee salary and already unna debt payments chustharu gaa. so already neeku 3 houses meeda EMI payments unnayi. so how they are giving you new home loan?
 

Suffolk
Junior Artist
Username: Suffolk

Post Number: 354
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Posted on Thursday, July 19, 2018 - 08:55 am:       

malla new flace new house antey pelipothadi
 

Suffolk
Junior Artist
Username: Suffolk

Post Number: 353
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Posted on Thursday, July 19, 2018 - 08:53 am:       

konchem anxious ga undi ehes, house konna prathi saari 3-6months lo shifted to other flaces on project change and ended up paying double rents for few months. e sarri malla Nov lo possession e sarri emi avuddo ani some times thinking. Asaley atu chusthey kulla bodusthunaru. froject maarithey compulsory amendment cheyyala?

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