It’s a fact of life in the rental property business that sometimes, despite a landlord’s best efforts, a tenant will need to be evicted. In the current pandemic times, evictions…
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Legal & Taxes:
Pass-Through Deductions and Casualty Losses [2021 Update]
While not technically related, pass-through deductions and casualty losses can easily confuse even the most seasoned landlords. This article explains how and if you can take advantage of these tax…
Key 2021 tax deadlines & check list for real estate investors
Tax time is right around the corner, and for real estate investors the time is now to start organizing your business and documents to be as efficient as possible. Part…
How to Invest in Opportunity Zones and Avoid Capital Gains
It’s simple: the Qualified Opportunity Zone (QOZ) program encourages real estate investors to put their money to work in low-income areas in the U.S. by offering significant tax benefits, thus…
6 Steps to Understanding 1031 Exchange Rules
Savvy real estate investors know that a 1031 Exchange is a common tax strategy that helps them to grow their portfolios and increase net worth faster and more efficiently…
Tax prep 101: Four steps for real estate investors
Tax season is here for real estate investors, and keeping track of expenses and saving receipts, logging rents, and tracking depreciation…it all pays off. Literally. Even if you have the…
The eviction notice process explained for landlords
Sometimes, a landlord may need to evict a tenant. It’s important to note that eviction laws vary by state. If you aren’t familiar with your state’s eviction laws, you should…
Capital Improvements vs. Repairs and Maintenance Expenses [2022 Update]
Once your property is in service, you’ll need to determine whether each repair and maintenance expense you incur should be classified as a regular expense or a capital improvement that…
Rental Property Depreciation Overview [2022 Update]
Rental property depreciation is one of the biggest and most important deductions for real estate investors because it reduces taxable income but not cash flow. For many landlords, the most…