Despite the volatility of cryptocurrencies, they continue to be a growing trend in the real estate world. Tony Cantu of Mortgage Professional America (MPA) reports on Altisource Portfolio Solutions SA’s…
Blog
Tips, tools, and news for rental investors.
Understanding bonus depreciation & how it’s soon changing
Depreciation is a non-cash deduction real estate investors use to reduce or sometimes completely eliminate taxable net income from a rental property. In most cases, an investor must depreciate improvements…
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Are utilities tax deductible for rental property?
One of the many benefits of owning a rental property is being able to deduct normal operating expenses from gross rental income to reduce taxable net income. Utilities are generally…
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A free and simple short-term rental spreadsheet template
There are a tremendous amount of transactions to keep track of with a short-term rental (STR) property. Guests come and go every few days, cleaning and repairs need to be…
Migration patterns Americans are on the move, here’s to where
U-Haul and United Van Lines released migration studies earlier this month highlighting the markets that have the most inward and outward migration. Starting with U-Haul, which calculates growth states using…
Housing inventory down 40.5% in 2022 from 2019
Nicole Friedman of The Wall Street Journal kicks off the week with new data around existing home sales, which jumped to a 15-year high last year. Strong demand and low…
Lumber Triples Again: Construction Update 2022
David Logan of the National Association of Home Builders (NAHB) reports on construction materials, showing that prices overall increased almost 16% in 2021, and 18.6% since December 2020. Lumber jumped…
Tools to help you manage your vacation rental bookkeeping
Some of the biggest benefits of owning a vacation rental include generating extra income, building equity through long-term appreciation, preparing for retirement, and claiming deductions to keep taxes as low…
How to set up your rental properties in QuickBooks Online
There are a number of ways to keep track of rental properties, including spreadsheets, software specifically designed for real estate, and general purpose accounting software like QuickBooks Online. QuickBooks was…