Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Aaron A.
  • Rental Property Investor
  • IN
5
Votes |
11
Posts

DTI and 2021 Taxes

Aaron A.
  • Rental Property Investor
  • IN
Posted

Hello and thank you for reading and offering guidance. I'm newer to REI. I have a SFR that was previously used as my primary until 2020. I purchased a duplex in 2021. I replaced a roof, remodeled a bathroom, replaced a HVAC system and several other costly projects. I also took a withdrawal from my 401k in 2021 for downpayment costs on the duplex. My fear going into tax season is claiming too much of a loss and hurting my DTI for potential purchases in 2022. Is there a rule or guideline you follow to balance taxes so you are claiming appropriately but not to your future borrowing power?

Loading replies...