Did you know that when you own a rental property, you are basically in charge of your own small business? And as you know, as a “business owner” of sorts, you are entitled to tax deductions. Primarily, there are ten big ones that you can use to lower your annual rental income for the purpose…
You have spent months looking for the right investment property. You have perhaps spent hundreds of thousands of dollars on purchasing this choice piece of real estate. Now your goals are to have your investment creating an income stream and, hopefully, appreciate in value during ownership. In order for you to meet these goals, you’re…
Not All Rental Renovations Are Equal Often times when one looks to invest in an income property, the concern is whether or not the property will be attractive to the tenant. What we fail to discuss is whether the property will be kind to the landlord. Listed below are a few investments that we think…
In our last article we discussed how to set up a real estate portfolio that can support retirement. This week, we will focus our attention on how to place your rental properties into a self-directed retirement account. While simply owning cash-flowing rental properties will finance your retirement, placing them in a self-directed retirement account will…
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