1031 exchange
Is It Smart to Buy Rentals When You Are Young?
There are many challenges to buying rental properties when you are young, but there are also many advantages. The biggest challenge to buying rental properties is getting enough money to pay for down payments, repairs, and reserves. However, there are many ways to buy rental properties with little money down, and it is easier to … Read more
How to Create Passive Income with Real Estate
I love passive income because it is money that you make without working. Examples of passive income are cash flow from rental properties, stock dividends, interest from loans, royalties, money from businesses, or other investments that you are not spending time on. A lot of people will argue that there is no true passive income … Read more
How Much Is Capital Gains Tax on Real Estate? Plus: How To Avoid It
What is a capital gains tax? It’s the income tax you pay on gains from selling capital assets such as a home. Here’s what you need to know.
The post How Much Is Capital Gains Tax on Real Estate? Plus: How To Avoid It appeared first on Real Estate News & Insights | realtor.com®.
What Is a 1031 Exchange – Defer Taxes on Like-Kind Real Estate
Political Power Shift Could Generate Changes in the U.S. Luxury Housing Market
Everything from capital gains tax policy to a more stable political environment will affect how affluent buyers view their wealth and appetite for home purchases.
The post Political Power Shift Could Generate Changes in the U.S. Luxury Housing Market appeared first on Real Estate News & Insights | realtor.com®.
Investment Property: How Much Can You Write Off on Your Taxes?
Learn how to navigate the tricky tax laws around investment properties, including ways to save.
Potential impacts of Biden’s $15,000 tax credit
The $15,000 tax break would jumpstart a first-time homebuyer’s prospects of purchasing. The tax credit – along with Biden’s other economic goals outlined in his $1.9 trillion American Rescue Plan – seems more of a possibility now that both Senate races in Georgia went to Democratic challengers.
The post Potential impacts of Biden’s $15,000 tax credit appeared first on HousingWire.
Reducing Capital Gains Tax on a Rental Property
Owning a rental property can help you to grow wealth long-term and diversify your income streams. Receiving regular rental income can help supplement withdrawals you might make from a 401(k) or an individual retirement account (IRA) in retirement or give you an … Continue reading →
The post Reducing Capital Gains Tax on a Rental Property appeared first on SmartAsset Blog.