Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...
As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...
In order of importance to tenants:high speed internetwalk in closetsoundproof wallspatio or balconywasher and dryer in unitmicrowavefrig with water/ice dispensergarbage disposalpoolPersonally I never provide the last ...
Hello, As I am currently learning avidly as much as I can on Bigger Profits from the podcasts that interest me the most and from the best books I've found on youtube I noticed most people seem to care more about pro...
There are some new tax laws in effect and others that are sunsetting, making our 2023 taxes look a bit different.
Inflation Reduction Act Updates
45L Energy-Efficient Home Tax CreditThe revisions to this tax credi...
Had an auction today. Two units, one at each of two of our locations. We have 8 locations and 1,200 units. Only these two units auctioned in the last 2 months due to our autopay requirements and fast lockout proced...
So now that I am finally in and settled generating passive income in my first owner occupied property, now I seek wisdom. What is the best investment of my money? Pay off my mortgage? (My rate is only 3.25 after str...
If there is one thing I have learned in real estate investing it is that patience and preparation pay. In my own property investment career I can confidently advise myself and clients to take their time. Forcing a tra...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
Hellomy Brrrr house spends high utility bills($400 per month in Easten canada) and I'm thinking putting 2 inch foam insulation under siding when i install new siding. Talents are paying their own utility bills.do you ...