Refinancing an Investment Property: What You Need to Know Refinancing an investment property can be a great way to save money on your mortgage payments or access cash for other investments. Here’s what you need to know before you refinance. Understand Your Investment Property Before you refinance your investment property, it’s important to understand its …
Here’s the revised article with headers: Real Estate Crowdfunding: What It Is and How It Works Real estate crowdfunding is a relatively new way for investors to pool their money together to fund real estate projects. Here’s what you need to know about this emerging investment opportunity. How It Works Real estate crowdfunding works by …
7 IRS Audit Triggers for Real Estate Investors Real estate investing can be lucrative, but it also comes with tax obligations. To avoid an IRS audit, make sure you are aware of these seven triggers that can raise red flags. 1. Passive Losses If you are claiming passive losses from your real estate investments, be …
How to Figure Capital Gain on a Rental House Selling a rental property can be a great way to realize a profit, but it’s important to understand how capital gains are calculated so you can plan accordingly. Here’s how to figure the capital gain on a rental house. Calculate the Basis The first step in …
Offshore Real Estate Ownership and Taxes: What You Need to Know Purchasing real estate offshore can be an exciting investment opportunity. However, it is important to understand the tax implications that come with offshore real estate ownership. Here’s what you need to know. Foreign Ownership If you own real estate in a foreign country, you …
5 Common Tax Deductions: What You Need to Know When it comes to filing your taxes, claiming deductions can help reduce your taxable income and lower your tax bill. Here are five common tax deductions you should be aware of. 1. Standard Deduction The standard deduction is a deduction that reduces your taxable income. It …