When you are a rental property owner, it’s essential to keep updated with your tax responsibilities. Real estate investors are expected to report their total rental revenue on their tax returns at the end of each year. During this time, investors must declare all payments they receive from tenants as rental revenue. From there, property […]
Tag Archives: financing income property
24
Feb
Feb
Many landlords get into the rental property business with the dream of securing passive income. Income to pay the bills, fund fancy vacations, and maybe even secure a long retirement, all without having to do any work. While passive income can become a reality for many involved in real estate, it is important to remember that […]
02
Dec
Dec
If you’re looking for a great way to make some income in addition to your full-time job (or to make enough income to replace it), you’ve probably considered starting a rental property business. But maybe you’re feeling uncertain about how it all works. Specifically, you might be wondering what options you have when you’re looking […]