Dave NA thanks for correcting, I should have clarified my statement.I meant to say...Probably best not to include ALL the rental income directly with your primary income - you get taxed at a higher rate.There are legal ways to minimize the tax impact on your income.

If the property is self sustaining, or even profitable, the profitable income earned can immediately have a positive impact on your DTI ratio.

If it is break-even, the property will not impact your DTI at all.

Just because you have updated some of your forms, that does not have any impact on your already existing agreements with your already existing tenant unless you get the tenant to accept such modifications by signing their name to it; unlikely to happen in this instance.

As an investor, turning over properties in under a year, how do you deal with the tax impacts?

In my parts, purchase price only impacts tax value if the sales price was for more than appraised value.

What is the residential impact? 

I'd recognize that the house you choose will have a large impact on your investing.

Issuers relying on Rule 506(b) would not be impacted by the new filing requirements and deadlines.

All have had an impact on our confidence level and knowledge-building.