If you recently purchased a rental property, you may be wondering what closing costs you can deduct. After all, even though the Internal Revenue Code is extremely friendly to real…

Successful real estate investors understand that hiring a good property manager is more like an asset instead of an expense.  The best property managers help to keep rental property occupied…

Most real estate investors do a pretty good job of estimating the gross rental income a property can generate. Where many people make their mistake is my underestimating the true…

When you own rental property, it’s usually a good idea to hold it in the name of an LLC, to help limit your liability and build credit for your real…

The longer you hold a rental property the more potential profit you stand to make. Unfortunately, when the time comes to sell, you could be facing a pretty significant tax…

The nice thing about owning a primary residence is that when the time comes to sell you’re exempt from paying capital gains tax (up to a certain amount). Unfortunately, the…

Selling a rental property involves more than just hiring a local real estate agent and holding an open house. In fact, oftentimes it can be more profitable to not sell…

You’ve probably heard that 90% of all millionaires become so through owning real estate. While getting rich is a great goal to have, for many people the problem is knowing…