After weeks of digging, you find a home run deal for a new rental property to add to your portfolio. The asking price fits within your budget, the numbers work, and the cash flow is exactly what you're looking […]

Do you have income that is not subject to federal and/or state income tax withholding? If so, you may be required to make quarterly estimated tax payments.

Why?

The reasoning is that taxes must be paid on […]

Yep, you read that right… Tax – Free – Millionaires.

And that's not even the only good news… You can lower your taxes in the process AND educate your kids. Talk about a slam dunk!

Let's take a look at h […]

If you've never heard of “seller financing” (AKA “owner financing”) in relation to real estate, the good news is it's an easy concept to understand. The better news is that it could be a tax-advantaged strateg […]

Wouldn't it be nice if you could get a tax deduction for something you didn't pay for? Well, guess what… You can! (Bet you didn't see that coming) What is this sorcery and how is it possible?
One w […]

I think it's safe to say the debate on whether to capitalize or expense repair costs applies to every landlord.

Show of hands…

Who has never done a single repair on any property…ever.

Anyone?
I […]

I played baseball my entire childhood, all the way through high school. I enjoyed it and was fairly good at it, but I didn’t devote most of my time to it. Spoiler alert – I did not make it to the MLB as a pro […]