Sentences with phrase «as effective income»

Lenders can count your Basic Allowance for Housing as effective income, which means you can use BAH to pay some or all of your monthly mortgage costs.

Lenders won't typically count rental income as effective income until you can document it on two years» worth of tax returns.

There is an exception to the two - year requirement, although it isn't a common occurrence: We can consider 75 percent of the projected rent as effective income if you contract with a property management company who will guarantee payment even if the unit is vacant.

Lenders can count Basic Allowance for Housing (BAH) as effective income.

But VA lenders can not count this as effective income toward a home loan.

If the Borrower has been self - employed between one and two years, the lender may only consider the income as Effective Income if the Borrower was previously employed in the same line of work in which the Borrower is self - employed or in a related occupation for at least two years.

Lenders can count child support payments as effective income toward a mortgage, and that can help get veterans into the price range they want.

In fact, VA lenders can count disability income as effective income toward a mortgage, and borrowers with a service - connected disability are exempt from paying the VA Funding Fee, a mandatory cost the VA applies to every purchase and refinance loan to help cover losses and ensure the program's continued success.

For example, if your business made $ 100,000 last year but you wrote off $ 50,000 in losses or expenses, lenders will only count the remaining $ 50,000 as effective income toward a mortgage.

And some forms of income, like GI Bill housing allowances, simply won't be counted as effective income toward a mortgage.

Here at Veterans United, we wouldn't consider future rental income as effective income toward a mortgage unless you have a track record as a landlord.

Lenders won't typically count rental income as effective income until you can document it on two years» worth of tax returns.

It's important to understand that lenders typically treat this as an «offset» and not as effective income.

In order to count it as effective income, lenders will want to see that these allowances are likely to continue.

Active duty borrowers can also benefit by having things like BAH and other military allowances count as effective income toward getting a mortgage.

If we're not able to count this as effective income, Veterans United currently allows borrowers to use this income to offset debts that have 10 to 24 months duration.

Allowances for subsistence and clothing appear on the Leave & Earnings Statement and can be considered as effective income toward a mortgage.

Not exact matches

In addition to the results provided in accordance with US Generally Accepted Accounting Principles («GAAP») in this press release, the Company provides measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Diluted Earnings Per Common Share, Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for income tax, interest income, depreciation, amortization and other items, including store impairment charges.

Comparable Earnings Measures, including comparable earnings from continuing operations, comparable earnings per share from continuing operations (as well as forecasts), comparable earnings before income tax and comparable effective income tax rate.

«Under - emphasis of these (structural) policies relative to macroeconomic, trade and financial stability policies is a key reason for many governments» failure in recent decades to mobilize a more effective response to widening inequality and stagnating median income as technological change and globalization have gathered force,» the report said.

The minute I start aligning my purpose to my net income, instead of vice-versa, I simply won't be as effective.

And using offshore accounts or holding companys aren't particularly effective methods for shielding income for tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»).

Structuring, upfront and similar fees are recorded as a discount on investments purchased and are accreted into interest income, on a straight line basis, which we have determined not to be materially different from the effective yield method.

HCI believes farmland is a real return asset class as it has historically been effective in protecting capital from inflation while generating an attractive income stream that grows over time.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

The most effective sales compensation plans will typically have approximately 50 — 80 % of «on - target income» (the amount of total income that should be earned if the sales person meets the basic goals of their job) guaranteed in the form of a salary, with the remaining 20 — 50 % coming as performance - based bonuses or commissions.

Our effective tax rate differs from statutory rates primarily due to our pass - through entity structure for U.S. income tax purposes, while being treated as taxable in certain states and various foreign countries as well as for certain subsidiaries.

Capital gains and dividends are taxed as ordinary income with a 40 percent exclusion, leading to effective rates of 6, 15, and 21 percent before counting the 3.8 surtax currently in place.

As we detailed in our press release, the effective income tax rate was lower in the first quarter of this year due primarily to early adoption of amendment to existing guidance for employee share - based payment accounting and the recognition of incremental benefits from the Work Opportunity Tax Credit.

The General corporate income tax rate is increased to 14 % effective April 1, 2016 as per the NB 2016 Budget.

But as Peter Edelman points out, such efforts would be doomed to failure even if they were coupled with an effective income maintenance system.

Although Step 10 of the UNICEF UK Baby Friendly Initiatives requires that accredited maternity units provide post-natal breastfeeding support groups, the availability and uptake of these services remains unclear.40 The effectiveness of peer - support for long - term breastfeeding success has been well documented in middle - income countries, 35,41 and a systematic review has emphasized the importance of skilled post-natal breastfeeding support in the UK.39 However Graffy et al. 40 concluded from a randomized controlled trial of support provided by volunteer breastfeeding counsellors that although such support was rated by mothers as helpful, volunteer support was not effective at increasing breastfeeding duration, perhaps owing to mothers not actively taking up such support.

«Immigration has been used as a 21st - century incomes policy, mixing a liberal sense of free for all with a free - market disdain for clear and effective rules.

Assessable and independent assistance is essential for low - income and vulnerable households, NEA have campaigned to ensure that the Home Heat Helpline can give independent advice, as well as preserving this service, in the future NEA is also committed to ensuring the Government's Green Deal Advice Call Centre is effective and utility companies act on their referrals

The incoming Majority members, with their numbers said to be hovering around 170 as against the governing National Democratic Congress (NDC) 115, are expected by Nana Addo, to ensure that his nominated ministers, who will be vetted by the Appointment Committee, are given the nod using their number as an effective weapon.

«We want to use this occasion to re-assure the nation that the incoming NPP government will seek effective partnership with all Ghanaians, individuals and groups, as we work together to ensure that the new era of change engenders the kind of progress and prosperity that will satisfy the needs and aspirations of the people,» it said.

Mauro's leadership at FPI since 1993 has been essential to its development as a credible and effective advocacy organization that helps to shape the debate over key economic and fiscal issues in ways that ensure a voice for working people — from middle income homeowners struggling with high property tax bills to those families whose breadwinners toil in minimum wage jobs to the involuntarily unemployed.

Since contributions would be both deductible and trigger the credit, the effective credit would be between 91 percent and 94 percent.31 This proposal provides relief from the SALT cap because the contribution can be deducted from income for federal tax purposes, just as the State and local tax was prior to TCJA.

In its financial plan narratives, the DOB suggested high - income earners were delaying some profit - taking and bonus - claiming (including the exercise of stock options) in anticipation of the new Trump administration's plans for a big federal tax cut, effective as soon as 2019.

«I think we're all incredibly proud that we found a way to not only preserve child care in the five boroughs, but to make it a more effective part of our educational system,» she said, describing the agreement as «a victory for working families at every income level.»

The commission recommended spending $ 1 billion over three years on a property tax «circuit breaker» — where citizens get a rebate when property taxes hit a certain portion of their income — as well as an effective freeze for ratepayers who live in municipalities that abide by a Cuomo - passed two - percent cap on growth.

The intervention was most effective among children who are considered at highest risk for struggling in school — those from low - income backgrounds who are learning English as a second language.

This information is useful when applied to small, low - income countries, he says, but it would not have been effective in figuring out where people went after a catastrophe such as Hurricane Katrina.

Such gifts may enable you to deduct the full value of the stock as a charitable contribution, saving income tax and lowering the effective cost of your gift; and

Whitney's dissertation will look at high - income earning families, particularly their beliefs about technology, how effective it is, and what they are buying, as well as the children's interest and engagement in the toys.

At the same time, other industries have proven that turning visitors and customers into subscribers can be both effective in terms of engagement, as well as sustainable as an income stream.

As it compiles information on «effective» leader and teacher practices from its third cohort of low - income schools across the nation, the New York City - based New Leaders for New Schools principal - training program is pushing to make the resulting resources more user - friendly.

Veteran teachers who work in other settings may wonder what all the fuss is about, and Lemov's definition of effective teaching as getting big test gains in low - income schools may be too narrow for some.

Because we know that when low - income children of color have access to high expectations, effective teachers, and quality schools, they can perform equally as well as their wealthy, white peers.

Instead of trying to limit robots and computers, effective policy responses to job loss will need to start first with education and then move to income redistribution as automation becomes more advanced.