The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.

OR, get smart, focus on what IS effective, and try to get with a GC who has some of the best direct supply account's and pricing, and negotiate to get the best discount from them they can lend.

Financing Strategies: What financing options have you found most effective for multi-family investments in Canada?

I just finished their taxes with their CPA and I can say from first hand knowledge that real estate is the most effective way for immigrants to obtain the American dream.My parents immigrated to California in their 20's from Asia with no money, and could not speak English.

Is it going to be the most effective way to maximize tax deductions and correctness?

The amount of time you have to give them changes if they've been there for a year or more, so it should depend on when you give them the notice, not when it takes effect.

These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

It’s also not as cost effective to just upgrade one unit when it’s vacant because then you lose economies of scale and in the instance of materials things may not be available over an extended period of time and you may end up with mismatched windows or something.

Although I would like to try to do it myself, crafting effective operating agreements is outside my comfort zone.

Fannie Mae and Freddie Mac offer mortgage relief to homeowners impacted by natural disasters, including those with second homes in areas like North Carolina and Florida. If your second home is located in a federally d...