Blog

The Tax Benefits of Investment Properties

March 20, 2019, Author: Peter

Get ready for deductions: management fees, maintenance expenses, travel and legal fees, interest on mortgages paid, and property depreciation can all benefit your taxable situation. Talk to your CPA for more details.

Profit from Your Home – Don’t Just Live in It

March 20, 2019, Author: Peter

Turn your biggest asset into an income producer by renting it out. While equity continues to grow in your home, you can generate some cash-flow too. That’s the best of both worlds!

HomeProp Does a Great Job Managing Your Rentals

March 20, 2019, Author: Peter

Your not on your own when it comes to managing your home. Property Managers like HomeProp do an awesome job of handling the day-to-day management of your rental property, so you can sit back on the beach and relax… or whatever it is you do with your free time.

Keep Your Equity in Your Home

March 20, 2019, Author: Peter

It’s nice to have money socked away in a diverse portfolio of investments. Include your real estate in this determination. Your net worth includes your equity in your primary residence, and if you turn this into a rental property, you preserve your wealth.

Avoid Paying Closing Costs and Realtor Fees

March 20, 2019, Author: Peter

One of the biggest drain on profits from real estate sales are closing costs and commissions. When you don’t sell, you avoid paying these costs. When your margins in a property are tight, this can mean the difference between a profit or a loss on selling your home.