Tag Archive
Top 10 Tax Tips for Rental Property
Due to the recession, there has been a significant increase in the number of accidental landlords in the US – property owners who have turned properties that they wanted to sell into units that they must rent out. Many of these individuals will be including rental property income and expenses in their tax filing... »
Tax Deductions
Tax Deductions Tax deductions are expenses that can be deducted before a real estate investor or landlord determines taxable income. Tax deductions allow you to reduce your taxable income and also your tax bill. A tax deduction differs from a tax credit, which is applied directly to tax bill, reducing it dollar for dollar. Tax Deductions... »
Tax Planning
Tax Planning Tax Planning is critical to growing wealthy as reducing or postponing the payment of federal, state, and local income taxes results in more funds available for more real estate investments. Although income taxes may seem highly complex and challenging savvy real estate investors and landlords do effective tax planning either do-it-yourself or tap... »
Tax Tips
Tax Tips It always seems tax filing deadline is here before you know it. Here are the Internal Revenue Service’s top 10 tax tips that will help tax filing process run smoother than ever this year. 1. Start gathering records Round up any documents or forms you’ll need when filing your taxes: receipts, canceled checks and... »
Austin-Round Rock, Texas Real Estate Housing Market Analysis
US Department of Housing and Urban completed a comprehensive housing market analysis. The economy of the Austin-Round Rock HMA has slowed dramatically during the past year. Although the rate of job growth, at 1.2 percent, is the lowest since 2004, job gains of more than 2 percent each were recorded in four employment sectors:... »
Foreclosure, REO Investors suing over HOA, Collection Fees
Fur is flying in Las Vegas as foreclosure, REO investors fight homeowner associations for gouging them. Investment groups joined together to file a class action suit which claims that they are being overcharged by hundreds of HOAs and collection agencies for assessments, fines, interest and collection amounts accumulated during foreclosure process. That past-due amounts are... »
Tenants fight as smoking ban spreads to apartment residential rental properties
Smoke free ordinances are being passed by many cities banning smoking in multifamily apartment housing. In 2007, Oakland became the first city asking landlords to designate units as smoking and non-smoking. These ordinances being passed by many cities are controversial. Since smoking is legal, many tenants believe that they have the full right to... »
5 Tips for Affordable Landlords, Property Managers and Property Management Companies on selecting Property Management Software
Affordable housing owners looking to purchase property management software face many different and difficult choices. For smaller companies, evaluating the software market for the first time can be a little overwhelming. There are a variety of providers that all feature similar features, and it’s difficult to know where to start. Apartment Finance Today interviewed a... »
Real Estate Property Foreclosure Rates in Low Income Families – Shocking Results
The American Dream Downpayment Initiative (ADDI) program was designed to provide assistance with downpayments, closing costs, and, if necessary, rehabilitation work done in connection with a home purchase. This formula-based program disburses assistance in all 50 states funding many homebuyer programs to meet the needs of their communities. There has been a growing concern... »
Foreclosure Crisis Root Causes point to subprime loans and Alt-A loans
The problems in the mortgage market are routinely referred to as a “foreclosure crisis” because the levels of defaults and foreclosures greatly exceed previous peak levels in the post-war era and, as a result, have drawn comparisons to the levels of distress experienced in the Great Depression. Causes of the foreclosure crisis identified in the... »

