For anyone who is not in real estate, 1031 investment property raises eyebrows. This article will explain what 1031 investment property is and what you can do in order to maximize the investment if you are banking on this kind. The Internal Revenue Code offers the investors no loss or gain in recognition of any … Read more
Apartment Investors Utilized 1031 Exchanges Apartment Investors Utilized 1031 Exchanges It has been recently reported that the US apartment market may have reached bottom and be poised for a rebound. Apartment vacancy rates have stopped rising and rents even showed a modest increase in the first quarter. As life is pumped back into this market, … Read more
HISTORICALLY, Americans have never had a great affection for being taxed. The great author and political commentator Mark Twain, once stated that the difference between a tax collector and a taxidermist is that a taxidermist only takes your skin. Thus, it usually sparks great interest whenever the Internal Revenue Service may appear willing to allow … Read more
As a landlord, one of your most important responsibilities is to manage your tenants. This means two things: 1) getting monthly payments on-time and in-full, and 2) making sure your property is being taken care of. Generally, property owners who fail are the ones who cannot accomplish one or both of these tasks. They either … Read more
It is good to engage in rental business. However, it is hard to run one if tenants are irresponsible. If you rely heavily on your rental income, you would have to suffer in case your tenants do not pay on time. In business, there is no room for being irresponsible. Therefore, you need to take … Read more