These days, there are many ways to invest in rental property. Especially depending upon the region of the country. Buying a home can be full of difficult decisions. As housing prices climb, maybe even more difficult financial planning is needed. People are looking for a different way to help pay for their mortgage every month. Some are choosing a home with an attached rental unit. This might just provide the monthly bump that makes that payment a little easier to accomplish. Invest in Rental Property - What Is an Additional Dwelling Unit? What is becoming more common in … Continue reading...
Why Own Rental Property?
Why Own Rental Property? Why own rental property? Well, many people realize every April 15th that their house that they live in is also a great way to pay less taxes. After all, the interest on your home is tax deductible. But did you know that Congress has allowed tax codes for even better ways to save money on taxes by owning real estate? Now then, before you only take my word for it, I am telling you something right up front. You should not make any financial decisions without contacting your accountant and attorney first. Let them tell you what their advice is. All I am doing … Continue reading...