Fellow blogger and owner of the blog Rental & Investment Property Information provided an excellent post on buying and selling properties through lease options. If you’re in the market for a new home but can’t afford a down payment, or can’t get approved for a mortgage, you may want to check out this post. If you are a homeowner or investor who would like to sell a home using this strategy check out my article on using a lease option as a creative investment vehicle.
- Category Archives Real Estate Investing
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Let your holiday rental income pay your 2nd home mortgage
This one was pulled from a site in India where some investors/homeowners are using their second home as a rental to help with some of the costs of ownership. With every property comes a list of expenses which cannot be avoided
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Philadelphia Real Estate Closing Costs Increase | Philadelphia Real
Beware of increase acquisition costs when purchasing you investment property in Philadelphia. Prudential Fox and Roach’s Frank L. DeFazio, Esq reports in his blog Center City Team that there will be an increase in Transfer Tax taking effect on February 20th. Pennsylvania already ranks as 9th highest in closing cost across the country. Keep this in mind when planning your next investment, this could make the difference on your ROI.
www.centercityteam.com
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Tax Law (Questions About Taxes): new tax law for rental income
Investors take notice of the new tax law that requires you to file form 1099 misc to non exempt individuals or partners that you have paid more than $600 to during a single rental cycle. Real estate licensee are non exempt.
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Rental income « Real Estate Matters
Apparently, the Department of the Treasury feels that a significant number of real estate property owners have mis-reported rental income. They, as a group, … read more @
blogs.stthomas.edu/realestate/tag/rental-income/
