by Guest Author | Last updated Dec 4, 2020 | Personal Finance, Real Estate Investing, Spark Blog |
Owning that first rental property is a huge milestone for investors. It lets you dip your toe into the market, gain experience in property management, and build confidence in your judgement. But for ambitious landlords, the first property marks just one step on a...
by Kim Pinelli | Last updated Dec 7, 2020 | Personal Finance, Real Estate Investing, Spark Blog |
Ever hear that “real estate investors pay next to nothing in income taxes”? While not entirely true, real estate investors do enjoy sweeping tax deductions. From writing off most closing costs to maintenance and repairs, landlord insurance to rent default insurance,...
by G. Brian Davis | Last updated Nov 2, 2020 | Personal Finance, Real Estate Investing, Spark Blog |
Real estate investments come with a slew of tax advantages. While you own the property as a rental, you can take nearly two dozen landlord tax deductions. Then, when it comes time to sell, you can reduce or avoid capital gains taxes on real estate through another...
by G. Brian Davis | Last updated Oct 13, 2020 | Personal Finance, Real Estate Investing, Spark Blog |
Do the rich have access to better investments than the rest of us? It turns out that they do, actually. I once offered to invest money with a hard money lender I knew, who had an impeccable track record. He asked a simple question before taking the conversation any...
by G. Brian Davis | Last updated Jul 16, 2020 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
No matter how much you earn, you won’t build wealth if you spend every penny you bring in. A person who earns $75,000 and saves $25,000 per year will create wealth faster than someone who earns $1,000,000 and spends $995,000 of it. Flashy cars and imposing homes may...
by G. Brian Davis | Last updated Jul 1, 2020 | Personal Finance, Real Estate Investing, Spark Blog |
For homebuyers and real estate investors alike, coming up with a down payment presents the greatest barrier to buying. But do you have to put a down payment on a house when you buy? Are there creative workarounds that homebuyers and real estate investors can take...