by G. Brian Davis | Last updated Jul 9, 2024 | Active Real Estate Investing, Personal Finance, Property Management, Spark Blog |
The Big Picture On How To Increase Property Value: Boost the property’s exterior with landscaping, a fresh coat of paint, or new fixtures to make a strong first impression. Modernize the kitchen and bathrooms with new hardware, countertops, and fixtures. This...
by G. Brian Davis | Last updated Jun 7, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture On How To Avoid Capital Gains Tax on Real Estate: The IRS taxes your profits on real estate and other investments as capital gains. The tax rate on capital gains is lower than regular income — if you owned the investment for at least a year. Real...
by G. Brian Davis | Last updated Oct 10, 2024 | Active Real Estate Investing, Creative Financing, Personal Finance, Spark Blog |
The Big Picture On Clever Ways To Come Up With Down Payment For A Rental Property: Various financing options exist for rental property down payments, such as using home equity lines of credit (HELOCs), borrowing from retirement accounts like 401(k)s or IRAs, and...
by Kim Pinelli | Last updated Sep 26, 2024 | Active Real Estate Investing, Passive Real Estate Investing, Personal Finance, Spark Blog, Tax Tips for Real Estate |
The Big Picture On Calculating Rental Property Depreciation: Rental property depreciation is calculated based on the building’s cost basis (purchase price minus land value), divided over 27.5 years. This allows property owners to deduct a portion of the...
by G. Brian Davis | Last updated Oct 2, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture On Alternative Housing: Various non-traditional housing alternatives like tiny houses, RV living, and house hacking with accessory dwelling units (ADUs) can help you save money and embrace a more flexible lifestyle. Many of the alternative housing...
by G. Brian Davis | Last updated May 20, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture On Safe Withdrawal Rates In Retirement (With Calculator): A safe withdrawal rate is the annual percentage of retirement savings you can withdraw without exhausting your funds, typically considered to be around 4%. Various methods to calculate a safe...