Real Estate Guide (Page 25)
Tax Considerations For The Real Estate Investor
There is no more Byzantine human invention than the complex tax codes, and among the most complicated are the laws surrounding real estate investing. So, what follows is NOT to be considered legal advice ?consult your attorney or tax accountant before making any decisions. Well, now that the rear is covered, what considerations should the real estate investor keep in mind? Since laws vary between countries, and between states within the U.S., any general... ❯❯❯
Rental Property: Great Investment or Nightmare?
No one profits from their own ignorance. Thinking ahead is your best guarantee when considering whether to rent a property into the future or to sell for a fixed profit today. If you want to keep a property in the hope of taking advantage of tax breaks and capital appreciation, but hope to offset the expense, consider both those upsides and some potential downsides to renting. As the owner of a property you are legally liable for all normal costs of... ❯❯❯
Foreclosures: Sugar or Arsenic?
To the novice real estate investor foreclosures often look irresistibly attractive. Who wouldn't want to make a quick profit of 50% or more? But whether a foreclosure deal is really sugar or merely sweet-tasting arsenic depends on a list of complex factors. Foreclosure is a legal procedure in which a mortgage holder reclaims a property due to default on a loan. Some states in the U.S. allow 'strict' foreclosure ?the borrower has a certain period to make... ❯❯❯