Category Archives: taxes

I love real estate as an investment because it allows me to earn money on my investment each year in the form of rent while (hopefully), the property appreciates in value at the same time. Another reason I like real estate investing is it allows me to take some nice tax deductions, even if the property management side of being a real estate investor is generally considered passive income unless you spend all your waking hours devoted to it.  That said, there are a few deductions that real estate investors can […]

With it formally being the season known as getting all my files together to do my taxes, I’m reminded of all the technology solutions I use that in our business. It turns out there a lot of them. My favorite tool for keeping up with all my receipts is Expensify. At this point, I honestly don’t know how I’d keep up with any of my receipts without it. The program (which is free) lets me forward any by e-mail any digital receipt to my account. I can also take a picture […]

No matter how “hot” the market is, the competitive is always stiff when it comes to attracting and retaining good tenants, meaning tenants who will pay their rent on time and care for your property as if it were their own. That’s why it’s important for landlords to think through what amenities to advertise to tenants. Amenities are a great way to attract potential renters through marketing your property; however, keep in mind whatever you offer, you’ll have to maintain going forward (unless you specifically say that you won’t be). […]