All Forum Posts by: Yongjian Pan

How does the 2017 TCJA affect new homeownership? How does it benefit residential property owners? How does it affect real estate investors? Can real estate investors still deduct the full amount of taxes paid to support rental properties? Thanks.

How does refinancing allow you to take the $100K - $75K = $25K out in this example?

What do you mean when you say “But usually this is done when you have 100% equity and the price plus the repairs are equal or less than 75% of what that property is worth after the repair. Then you can you get a first mortgage for at least that 75% and the bank will give you that money and hold the property as collateral?” I’m new.

How does refinancing a property allow investors to pull the cash out that they had originally put into that property?

Thank you all!

Can you deduct mortgage payment interests for a rental property?

What does interest payments and property taxes are tax deductible if you itemize mean?

So even if rental properties owned by landlords are considered business assets? How do you define business assets?

Tax write-offs such as depreciation, mortgage interest, property taxes, and operation expenses...etc apply to both rental properties (property for rent) and personal properties (home for personal living) right?

Hi. I’m new to real estate investing. I’m wondering why does the first few years of mortgage payment are usually paid toward the interest of the loan, instead of to the principal + interest?  Also, why is amortization = annual debt services - interest paid for the year?