Passive Income From Rental Property: Different Investment Structures
Being a landlord isn’t easy, but seeking income from rental property isn’t always stressful, time-consuming, or laborious. There are several different types of investment structures designed to help pursue potential passive income. Each requires different amounts of initial investment as well as varying levels of skills and knowledge.
Are Parks Eligible For Opportunity Zones?
Qualified Opportunity Zones originated in the Tax Cuts and Jobs Act which became law in December of 2017. The relevant portion of the legislation allows investors to defer taxes on capital gains if they reinvest the proceeds into 8,700 designated areas called Qualified Opportunity Zones, which the federal government has highlighted as economically challenged.
Do You Pay Income Tax on Rental Income?
When you purchase a rental property as a real estate investment you will likely pay income tax on your earnings. However, there might be ways to lower your tax burden through deductions on a rental investment.
Tenants in Common for Married & Unmarried Couples
Buying a home is a significant commitment for both married and unmarried couples. Homeownership with a significant other brings newfound happiness and pride into the relationship -- the two of you are planting roots together and building shared memories.
What Is a 1035 Exchange?
Financial planning often includes purchasing a life insurance policy to provide a source of income and financial security for surviving dependents.
What Is Asset Protection?
Asset protection is employing strategies meant to protect your wealth from litigation.
Can You Get a Loan for a Rental Property?
It is possible to get a loan for a rental property. Approval depends on your credit, income, down payment amount, and the type of mortgage you are applying for, among other factors.
What Is a 1031 Improvement Exchange?
Real estate investors hoping to complete a 1031 exchange often run into the problem of satisfying the “like-kind” requirement of finding a property of equal or greater value, especially in hot real estate markets with fewer available properties and a larger pool of potential buyers.
What Is the 4% Rule of Retirement?
When it is time to retire, one of the major concerns is whether there will be enough money to live comfortably throughout retirement. It is stressful to not know if you will need 10, 20, or maybe even 30 to 40 years of retirement funds.
Tenant In Common With a Parent: What You Need To Know
Property ownership between two or more individuals can take on many different forms, from tenancy in common to joint tenancy to community property. The legal relationship between property owners is paramount to ensuring ownership is transferred according to your desires during your lifetime or after you pass.
