When you want to start buying investment property you want to assemble an expert team. Look at your first home as investment property. And always have an exit strategy when buying investment property. Look here for more advice for handling investment property and information about laws and regulations for investment property.
What Are the Property Tax Implications of Dissolving an LLC?
What are the property tax implications of dissolving an LLC? How will taxes be affected if this reader dissolves the LLC the rental property is held in? What Are the Property Tax Implications of Dissolving an LLC Q: I own a rental property that I put into a limited liability company (LLC). Now, I’m planning [...]
Is a Condo or Townhouse a Better Investment?
Is a condo or townhouse a better investment? These readers want to buy property in San Francisco they plan to rent out when they move in a few years. Q: I just read the AMA Ilyce did on Reddit about a year ago on buying a home. Thank you for all the information that you [...]
Should You Put Your Rental Property in an LLC?
Should you put your rental property in an LLC? These parents want to transfer a rental property to their son's LLC and want to know about tax implications. Q: We are subscribers to your YouTube channel, Expert Real Estate Tips. Thanks so much for sharing such good advice. I’d appreciate if you could advise us [...]
Flipping Property As A Good Investment
What is a good investment? Ordinary folks become wealthy people through investing in real estate and flipping property. Whether you're using property for rental income or flipping property you have bought and renovated, real estate can help you build wealth. How can you build wealth by flipping property?
Investment Property Cash Out Refinance
A real estate investor asks about doing a cash out refinance of his investment property. Taking cash out during a refinance has become more difficult, especially for investment properties. What can the real estate investor do to access the equity in his investment property?
Becoming A Landlord
Is now is a good time to become a landlord? How can the potential landlord learn about the rental property market in his area? If you're considering becoming a landlord you should educate yourself about foreclosures, local rental information and investment properties. If you become a landlord you will become a real estate investor.
Gauging The Real Estate Market For Selling
The owner of an investment property in Albany, NY, asks what the housing market is like there. He wonders how to gauge the housing market for the investment property he may want to sell. How can he decide what to do with his investment property?
Every Landlord’s Legal Guide
Anyone who has ever been a landlord knows that the rental business is tightly regulated. As Janet Portman, author of Every Landlord's Legal Guide, poi...
IRS Tax Provisions For Rental Property And Primary Residence
What tax deductions can you take on a primary residence and on a rental property? The IRS does not let you treat a property rental as a primary residence for tax purposes. And what risks do you face if you rent out a property in a homeowners association that prohibits rentals?
Landlord Needs To Plan For Landscaping Of Rental Property
When you own a rental property but don't live in the area you need to plan for the property's upkeep including landscaping and possibly a property manager. To successfully hire a property manager you need to have a detailed agreement that outlines responsibilities and payment. Learn how to plan for landscaping needs of an investment property too.