Give Each Rental Figure a Purpose Before Comparing Results

By Don McClain | Founder & Principal, Medro Advisors. Extend ALS’s October 21 perspective with a three-purpose worksheet for a non-owner-occupied one- to four-unit rental. Give each figure a job: tax reporting, the provider’s financing calculation or the owner’s operating plan. Record its reporting period, source and proposed adjustments. Ask the relevant professional to explain each adjustment before carrying a figure into another column. Keep owner contributions and refundable deposits separately identified rather than treating every bank deposit as rental income. Discuss the property and financing question at https://americasloansource.com/financing/dscr-rental-property/

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