by G. Brian Davis | Last updated Mar 7, 2024 | Active Real Estate Investing, Property Management |
TL;DR on Is Rental Income Passive Or Active For tax purposes rental income can be defined as passive income so long as you do not qualify as a real estate professional. In the truest sense of the word, rental income is not “passive” income, as it requires extensive...
by G. Brian Davis | Last updated Feb 27, 2024 | Active Real Estate Investing, Personal Finance, Property Management, Spark Blog |
TL;DR Overview on Rental Property Tax Deductions: Landlords have different rental property tax deductions that can help with keeping more of their income in their pocket. They can deduct virtually every real estate investing business-related expense, and they...
by G. Brian Davis | Last updated Oct 30, 2023 | Active Real Estate Investing, Property Management, Spark Blog |
One of the first questions I hear from new real estate investors is: “Should I create an LLC for rental properties, rather than owning them under my personal name?” It’s a good question, and shows foresight. After all, people love to sue landlords. And love to hate...
by Jim Cirigliano | Last updated Sep 29, 2023 | Property Management, Spark Blog |
I love animals. I have almost always had at least one pet in my home. Pets enrich our lives and provide unmatched companionship and unconditional love. Except for my cat, whose affection seems to depend on my filling his bowl—and, even then, often includes the use of...
by Brian Martucci | Last updated Sep 22, 2023 | Property Management, Spark Blog |
Rare is the departing tenant who leaves their unit in truly pristine condition. More often, the situation falls somewhere between “Fine” and “What happened?” — with the occasional “What the…?” thrown in for good measure. Even when the space is spic and span, it needs...
by Jim Cirigliano | Last updated Sep 19, 2023 | Property Management, Spark Blog |
I have a theory that nobody likes insurance. Don’t get me wrong, it’s important and often required by law or by lenders. But insurance is just so psychologically unsatisfying. I don’t know anyone who’s really excited to get their sweet new coverage. At best it gives...