In this video Marty Boardman of Fix and Flip Hub explains how to buy a house in foreclosure before the auction, the best time to approach a homeowners in foreclosure and the forms you'll need to put the deal together.
Real estate tax strategies are plentiful, which is why so many investors decide to purchase rental properties in the first place. But, with so many tax strategies to choose from, it can be hard to decipher which will actually make a difference on your bottom line and which will purely waste your time. If you’re looking to grow your real estate portfolio, keep as much income as you can, and pay fewer taxes, you’re at the right place.
Amanda Han and Matt MacFarland from Keystone CPA have perfected the real estate tax-minimization game on their own rentals and their clients’ rentals as well. Today, they walk through five of their top real estate tax strategies that will help you invest more while paying less in taxes. Putting some of these tax strategies into practice can set you light years ahead of other investors who aren't optimizing their property purchases.
Were you surprised by any of these tax tips? Were there any strategies you didn’t know investors could take advantage of? Let us know what you thought in the comments!
00:00 2022 Real Estate Tax Strategies 00:42 1. Use Your Equity 01:31 2. Use Interest Against Your Rental Income 02:32 3. Do NOT Borrow From Your Primary 03:17 4. Use Retirement Money 05:15 5. Borrow From a 401k 05:54 Keep More of Your Money!
Pandemic lockdowns have led to a surge in home renovation projects. More than 70% of U.S. homeowners in a recent survey by Dewalt said they are currently planning or thinking about starting such a project before the year’s end. Priorities include bathrooms, kitchens, bedrooms, porches, patios, decks and landscaping, the survey shows. But for all […]
- Roughly half of the month's starts were among borrowers who were already delinquent prior to the economic impacts of COVID-19, and half from borrowers who became past due in March 2020 or later
- In turn, the national foreclosure rate rose to its highest level since May 2021 (0.28%) - still nearly 40% below its pre-pandemic level, with foreclosure sales (completions) 70% below January 2020 levels
Can you use your IRA to buy or finance real estate investments? The answer is YES, but it's only a certain type of IRA. Today we'll go over how we finance real estate investments without using our credit or the bank. Years ago I was struggling trying to figure out how I was going to get enough money to buy a house to flip or even a rental property. After doing tons of research and talking to a lot of people, my mentor Lonnie Scruggs told me about an investment vehicle called a self directed Roth IRA, Individual retirement account. You can use the money inside these account to buy any type of investment real estate. You can use other people's IRA's to invest in real estate as well and it's all TAX FREE as long as you follow the rules. But not every IRA custodian will offer these types of accounts. Let's see if my friend Sean's Vanguard IRA offers this stuff. �Join this channel to get access to perks and your questions answered FIRST: https://www.youtube.com/channel/UCsMdIzwLBuCWrFt9zqhX2bA/join
00:00- Intro 1:27 - What is self directed roth IRA real estate investing 2:27 - Does Vanguard allow an IRA to invest in real estate 7:25 - How to use your IRA to invest in real estate, finance real estate 8:50 - How your IRA owns real estate, member of an LLC, Wholesale real estate 9:44 - How your IRA invests in promissory notes, stocks, bonds, mutual funds & crypto currency 11:40 - Do you get penalized for pull the money out your IRA to invest in real estate 12:30 - What is the IRA called that invests in real estate 13:52 - How do you set up a self directed roth IRA 15:05 - What are the fees for a self directed Roth IRA, how much does it cost
The nation’s overall mortgage delinquency rates have improved significantly over the last year, according to the latest CoreLogic Loan Performance Insights Report.
Total existing-home sales,1 https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, climbed 6.7% from December to a seasonally adjusted annual rate of 6.50 million in January. Year-over-year, sales fell 2.3% (6.65 million in January 2021).
Submitting a highest and best offer or an escalation clause offer are two strategies in a multiple home offer situation. Learn the difference
Via Best Smart Living Posts
Connor does a great job explaining scenarios with multiple offer situations. Me, I look forward to a stable real estate market. I do feel the winds of change …
Mobile home investing doesn't have to be complex. In fact, in this video, we boil it down to a few main things you need to know to get started.
We go over our 5 key points you need to know before you get started. It starts with "why". Why do you want to get started in this industry? Knowing that will help shape your strategy.
Watch our full episode to learn more tips on mobile home investing.
In this video Marty Boardman of Fix and Flip Hub explains why abandoned houses in foreclosure are the best kind to buy and how to find vacant property owners.
If you are a business owner, real estate investor, or active investor, please request your free 45-minute strategy consultation with Anderson Business Advisors � https://aba.link/clintss
Visit https://andersonadvisors.com/ for financial strategies, podcasts, articles and details on upcoming workshops. Call us at 800-706-4741.
Let’s Connect For business or one-on-one real estate asset protection consulting inquiries, you can reach me at ccoons@AndersonAdvisors.com
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
“Tech” real-estate broker Compass and “tech” renters-insurance-seller Lemonade collapsed too. All eyes on Better.com’s delayed SPAC deal. I can’t wait.
ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 Vacant Property and Zombie Foreclosure Report showing that 1.4 million (1,354,579) residential properties in the United States sit vacant. That represents 1.4 percent, or one in 73 homes, across the nation.
Which markets are drawing the most interest among house hunters? Miami was the most popular migration destination of all major U.S. metros in January, according to Redfin’s analysis, followed by Phoenix; Tampa, Fla.; Sacramento, Calif.; Las Vegas; Cape Coral, Fla.; Dallas; San Antonio, Texas; North Port, Fla.; and Atlanta.
“While Sun Belt cities like Miami and Phoenix aren’t likely to lose their luster anytime soon, rising prices may soon render them slightly less popular for relocators,” Fairweather says. “Home prices—and the costs of other goods and services—are skyrocketing in a lot of these destinations precisely because they’re so popular with out-of-towners. Some home buyers who prioritize affordability may start searching in less expensive northern cities.
A measure of home prices in 20 US cities gained 18.6%, up from 18.3% the previous month, the S&P CoreLogic Case-Shiller index showed Tuesday. It was a bigger gain than economists expected and came after the growth in home prices had slowed slightly for fourth straight months.
Join Ken and Danille LIVE each Monday morning as they discuss th
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