by William Anderson | Sep 5, 2023 | Short term rental, Taxes
Thinking of renting your property through one of the online sites including Airbnb and VRBO? Did you know that they report all income they pay you to the IRS? There is simply no way to run your income under the radar unless you rent it yourself without...
by William Anderson | Nov 5, 2022 | Finances, Financial Leverage, Investment Property, Taxes
Are Selling your investment property or real estate asset now and want to avoid/defer paying income taxes on all that profit? Thanks to the tax code, there is a legal way to push that issue down the road. Select another property to buy and have the profits from your...
by William Anderson | Nov 3, 2022 | Finances, Property Manager, Taxes
Did you pay independent contractors more than $600 in a tax year? You better get that social security number or federal tax ID number. No ID number, no tax deduction. Don’t get sideways with the IRS, they can be brutal. The last thing you need is an audit that...
by William Anderson | Oct 29, 2022 | Finances, Investment Property, Rental property
The stock market is trashed, and interest rates on bonds and mutual funds are still very low, where do you put your money? Real estate is a great way to hedge inflation and ride out the recession. How do you acquire your rental property in a recession? It’s time...
by William Anderson | Oct 15, 2022 | Calculators, Housing Prices, Investment Property, Long term rental, Mortgage, Property Manager, Short term rental, Vacation Rental
It’s time to consider investing in rental property. The stock market has taken a major hit and yet, housing prices are somewhat stable. Rents have been going up and they continue to increase. This is good news for long-term rental property. Short-term rentals...
