Flipping homes can be a quick way to build up equity. While short holding periods don't always qualify you for the same tax deductions for investment property as a buy-and-hold strategy, the write offs that you do get are still valuable. It's also good to remember that you generally only pay tax when you earn a profit -- so having to pay tax is a sign of success. Nevertheless, the less of it the better. Here are three ways to cut your taxes:
There's more to effectively doing real estate deals than just having hard money lenders in your pocket. To get the most out of your real estate activities, there are three key tools that can help you to make better investments and better decisions.
4 Reasons Why the Best Real Estate Investors Negotiate the Lowest Purchase Prices
Posted by Ken Meyer on Wed, Mar 05, 2014While every successful investor understands the tenet to “buy low and sell high,” the world of real estate investing offers a few more salient reasons to negotiate the very best (i.e. lowest) price. Here are four of the most important.
One of the best ways to take advantage of the recovering California real estate market is to invest in rehab properties. You can still buy these properties cheaply, do some work to put them into turnkey condition, then profit from selling them to a different class of buyer. Furthermore, thanks to the ready availability of private money lenders, you can do your rehabs with borrowed money, making your potential returns even higher.