According to Kriston Capps of Bloomberg, President Biden proposed national rent control to cap annual rent increases at 5% for landlords with over 50 units, threatening the loss of federal…
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Tips, tools, and news for rental investors.
Deducting HELOC interest on rental property: Tax rules explained
A home equity line of credit (HELOC) is a useful tool for investors wanting to upgrade their property or use the funds to buy a new property. However, the tax…
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Is mortgage insurance tax deductible on a rental property?
Can deducting mortgage insurance reduce your taxable net income and put more money in your pocket? With the IRS’s maze of rules and regulations, pinpointing exactly what you can deduct…
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Q2 2024 jobs data signals rate cut
Justin Lahart and Nick Timiraos of the Wall Street Journal report on last week’s jobs data, highlighting that the U.S. added 206,000 jobs in June, slightly surpassing expectations and maintaining…
New home sale listings surge 35%, most in two years
Margaret Jackson of Yahoo! News reports on new data showing the increasing popularity of the build-to-rent segment. In the first quarter, construction began on 18,000 single-family built-for-rent homes, marking a…
Apartment starts tumble in Q2 2024
Dana Anderson of Redfin reports on a new survey showing younger generations are likelier to move between rental units. Over half (55.5%) of Gen Z renters stayed in their homes…
Housing markets at most risk of a downturn
Ralph McLaughlin of Realtor.com reports on new mortgage rate data showing that rates are slowly decreasing in the U.S. This week, the Freddie Mac fixed rate for a 30-year mortgage…
Investor activity increases for the first time in 2 years
A new Redfin report highlights a slight uptick in real estate investor activity, with purchases increasing 0.5% year-over-year in Q1 2024, the first increase since mid-2022. California markets experienced significant…
Deducting insurance for rental property: Tax rules explained
When tax season rolls around, do you wonder whether you’re missing out on critical deductions? Knowing which operating expenses you can and can’t deduct could determine whether you pay more…
