What DSCR Do Lenders Require?
If you finance US rental property with a non-QM or “DSCR” loan, underwriting leans on the property’s cash flow, not only your personal W-2 income. The core question is: what DSCR do lenders require on your deal? Most programs quote a minimum debt service coverage ratio (DSCR) a…
Section 121 Exclusion: How the Home Sale Tax Break Works
The section 121 exclusion is the IRS rule that lets many US homeowners exclude gain from the sale of a primary residence, generally up to $250,000 for single filers and $500,000 for joint filers who both qualify. It is one of the most valuable tax benefits in personal real esta…
1031 Exchange Boot Explained
1031 exchange boot is the part of a like-kind exchange that does not qualify for full deferral, usually cash you pocket, non-like-kind property you receive, or debt relief that exceeds debt you take on. Boot does not automatically ruin the exchange, but it is generally taxable …