Depreciation is defined as the reduction in the value of an asset over time. Depreciation is one of the most powerful tax benefits of real estate investing! Our favorite CPA Tom Wheelwright calls depreciation “the magical deduction.” Depreciation is important because...
If you’re a real estate investor interested in learning how to find off market properties for sale, this guide can certainly serve as a useful tool in building up your knowledge base and getting the ball rolling! It provides surefire strategies on how to find...
When it comes to taxes, there’s never been a better time to be a real estate investor. The new 2018 tax code contains incredible ways for real estate investors to keep more money in their pockets. In fact, taxes are the number one way that investors make money! In...
One lesson I learned early on as a buy and hold investor is how important it is to continue purchasing properties. When I started attending real estate meetings, I would ask experienced investors what their biggest regret was. They would always answer, “I regret...
Not all states are equal when it comes to welcoming real estate investors. Each state has its own legislation that applies to rentals. You’ll want to take this into account before you purchase a rental property. You should take the time to research how lease...
If you’re interested in making your real estate business a scalable, passive-income machine, you simply can’t do it all yourself. It can be difficult to relinquish control, but it’s necessary for a successful business to outsource. Deciding when to relinquish control...
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