How to find out the value of your investment property
How To Evaluate Investment Properties. There are five primary valuators that investors and brokers use to communicate the value of a property. Price/Square foot: Total Rentable Square Footage / Purchase Price The Great Equalizer! When comparing properties, it’s important to at least keep an eye on cost per square foot. This gives you a concrete number as compared to other properties regarding the value of your property purchase/sell. Price/Unit: Total Number of Units / Purcha
TAX DEDUCTIONS LANDLORDS DON’T WANT TO MISS
With the April 18th tax deadline coming up in just a few days here are some landlord deductions that you don’t want to miss: Home Office Deduction: Certain expenses that are associated with your home office or place of business for your rental properties can be deducted from your taxable income as long as they meet the requirements by the IRS. Repairs: Include any necessary and ordinary property maintenance you have done (re-painting, fixing broken glass, etc.), as long as th
