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Property Investment Knowledge Base

Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?
What is a good formula for splitting profits on a rental property investment? I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this up. Being close family members, we weren't too concerned about figuring this out we bought the property. I would really appreciate any suggestions from real estate investors experienced with partnership investments like this. Here are the figures for the capital and work/mangement invested by each party. Investor #1: Invested $150, 000 by taking out a regular home loan. Lived at the property and payed "rent". Did 85% of the maintenance, improvements and rental property management. Investor #2: Invested $75,000 from a home equity line of credit. Did 0% of the maintenance, improvements and rental property management. Investor #3: Invested $25,000 from a home equity line of credit. Did 15% of the maintenance, improvements and rental property management. Thank you!
I want to know how the Modern Portfolio Theory can use in Property Investment?What is the disadvantages? How to use for Modern Portfolio Theory in property investment. Reason of use for the Modern Theory Portfolio in Property Investment. Problems and disadvantages when using this Theory. You can give me the sources to let me know more about it.
What is the best area in London for residential property investment? Please add suggestions if you know of other good areas in the UK for residential property investments and explain why.
Can anyone advise on property investment in Dubai? I have seen a lot of publicity about property investment in Dubai. I like the city and would love to get a home there but the publicity seems too good to be true, has anyone bought a home in Dubai or heard of any fraud or something?
Where is there a property investment compnay in Greeley, CO or surrounding areas? I am a college student looking for an internship or a career in the property investment business, and I want to know if there are any businesses in this area, or individual investors or "flippers" that need a hand. Thanks.
What is off plan property investment? I have been reading up about property investment, but I am still a bit unsure as to what exactly off plan property investment is.
We are buying an investment property. With little to put down, what is the best way to finance the property? We have a large amount of equity in our current house. We have no bills other than the mortgage on our current house. Is a home equity loan to get to the 20% down payment and then a conventional loan on the investment property itself the best way to go? Or is it best to finance the investment property itself rather than using the equity in the primary residence. We could finance 100% of the loan purchase price or do a secondary mortgage to come up with a 20% down payment.
Reinvesting the captial gains from an investment property into another property? How does that work? Is it true that if you use the capital from the sale of an investment property and put that towards another property that you will not be taxed on the capital gains via tax? How does this work exactly? And can you use the capital gains toward any type of property such as a primary residence or a second home or does it have to be toward another investment property to avoid paying capital gains tax on those proceeds?
how would you assess the future and past peformances of a property investment? Hi Im doing a report on property investments and i need some information on how would you assess the past and future performances of property investments. any tip/pointers?
When realtor buy an investment property and put their realtor rebate back to the settlement, is it taxable? I have two answer. 1) If put back to settlement, it is not taxable. It only reduce your purchase price, when you sell your investment property, you have to pay tax. You only need to pay tax if you get check directly from the builder. 2) Another group think 1) only apply to second home. For realtor buy investment property, even realtor put rebate back into settlement, they still have to claim it as income and pay tax on it. Which one is true, any website as support document? Thanks. If the law will be different from state to state? I am in Maryland.
How do I report interest in 2006 for an investment property sold in 2005? Hi. I received a 1098 substitute form in the amount of $2000 for interest on an investment property loan. Funny thing is, I sold that property on Dec 30, 2005. So for my 2005 tax return, I submitted a form 4797 for the sale of the property. So maybe the loan wasn't paid off right away and interest accumulated in 2006. The 2006 interest must have been paid from the closing costs… after the closing on Dec 30, I did not personally pay for any additional expenses on the property. So how do I report what would normally be a business expense of $2000 for a property that I never owned in 2006? Or maybe I should not include the 1098 in my 2006 return since I did not pay anything on that loan in 2006??? Thanks for any good advice.
Tax implications of Investment Property Income to a minor? My husband and I just bought an investment property that we intend to rent. We purchased the property for a 10 year old minor with the intention of us making the monthly mortgage payments and the child receiving the monthly rental income (approx. 12K annually) to put in a savings account. Will our 10 year old have to file taxes on this income?
How to form a compny for an investment property ? I am planning to buy an investment property. All my instincts say that it would be wise to form a compny for that. I am pre approved for a mortage but I have no clue how it works. My question is Mortgage company approved me not the new company that I am planning to form, which I will use to buy the property. How does this technically work can someone help me please ?
What should I look for in an investment property? So that it can be positively geared? How do I determine if a property will make a good investment? Is there a checklist someone can reccommend?
What are the downpayment guidelines when buying a multi-unit investment property? Is it different from a primary home? I am interested in an apartment building to purchase as an investment. What are the guidelines for downpayments on an investment property. Is it the same as a primary home? I have heard that it is not the 10-20% minimal downpayment because if all/most of your units are occupied, this is taken into consideration. Websites are appreciated too. Thanks for your help.
How do you buy an investment property with an LLC? I purchased a investment property then formed an LLC. I was then warned that if I transferred ownership that I would end up causing myself a lot of problems with the mortgage company. I am about to buy a second investment property and want to do it right this time. Do I obtain the loan in the name of the company?
I need to foreclose on an investment property in Texas, what are the ramifications? I own my primary in CA free and clear and have another investment in Arizona that is also underwater. I can afford AZ but cannot afford the Texas property but am tied to a lease from the renter for an another 9 months. I need out on Texas. I tried to sell it for the last year with no luck. Is my primary safe and what is the best way to get out without much financial penalties?
Do I need orignal receipts for investment property repairs? I recently did some repair work on a investment property I own (it is rented). Do I need the original receipts (let's say from Home Depot) on the materials bought, or can the person that did the work put it all on one receipt with his labor charges?
Can an investment property and primary residence be purchased at the same time? My fico scores are above 700. I am 25 and I want to buy my first home, and another property as an investment property. how can I do it at the same time? I plan on getting a "no doc" loan for both. I'm new to the real estate industry, and just looking for a few more answers than the ones I've gotten from brokers.
What will happen to a judgment lien on my residential investment property after I file personal bankruptcy? I have a judgment lien on a residential investment property that I own 25% of. This is the only RE that I own. The mortgage on the property is $115k, the lien is $110k and the property is valued at $200k. If I file personal bankruptcy (Chapter 7), will the lien be removed? What if I sell my share to my partners, do they have to pay the full amount of the lien? Does the lien remain with the property even though I sold my share?
Spouse terminally ill; how do I protect our rental property investment; should I remove his name from deed? If my spouse should be admitted to a nursing home, can I protect our rental property investment by removing his name from the deed? Or will the government force me to sell the property to pay for the nursing home?
is it possible to get a HELOC on an investment property that you only own 35% of the equity? I have 35 percent equity in on on property and i have invested 50,000. I want to get some type of home equity line of credit on that particular investment property so i can reuse to funds if some other deal were to come up.. Does anyone know if it is possible and if it is what banks do this? Any advice would be greatly appreciated.
What are the best resources to learn how to buy an investment property and become a landlord? I want to weight the pros and cons of buying an investment property to rent and possibly live in, probably an older duplex. Any experiences or resources would be helpful.
I am looking at buying a second property for investment what type of down and interest rate should I expect? I have an existing mortgage and good credit. Not a lot to put towards a down payment on an investment property. What kind of interest rate am I looking at? A percentage point or two higher?
Wondering what is the best way to finance an investment property? For an investment property (not to live in) should I use a home equity line, traditional fixed rate 30 year mortgage or something else. Let's say I want to hang onto it for maybe 10 years....
Does anyone have suggestions on how I should purchase my first investment property? I live in Texas and I'm planning on buying a property to rehab. Unfortunately I don't have the money to pay cash so I was wondering if anyone could give me some information on other financing options. Should I go to a bank or a mortgage company? Are there special loans to apply for? I plan on starting a small L.L.C. company for my investment properties. Is there any government assistance for small businesses such as this? I don't really know anyone in the industry so I am having trouble finding a lot of the information I need.
Can I write off interest/depreciation or other shortfalls on international investment property on my US tax? I have an investment property abroad, and it is cashflow negative. I've heard that I can only write off deductions on my US tax at sale, not annually like I would if it were a US property. Can I write off these deductions on my US income tax?
How to make an offer as a Realtor, on personal investment Property? I want to make an offer on an unlisted property, for personal investment (fixer upper). I am a newly licensed realtor and want to make sure I don't violate any ethics.
can you deduct interest expense from an investment property? I deduct interest from my home right now but if I buy an investment property and rent it out, can I deduct the interest expense from my taxes? vb, what do you mean I'm limited?
Roofing Contractor suggested doing just half the roof for an investment property. does it make sense? Hi, A foofing Contractor I contacted suggested a new roof for just half the roof of an investment property. He said it will cost $3,800 just to do half the roof and that the other half is in a better condition. should I ask him to replace the entire roof or does it actually make sense what he suggests? also, it's in Ontario Canada - is the price reasonable for half the roof of a single family 1600 sq. ft. house? THANKS.
Can I transfer proceeds from an Investment property to another without being taxed? I currrently own 2 properties and I'm interested in selling one of them. My question is can I take the proceeds from the sale and investment it to the other property (paying down a mortgage, paying off a second mortgage) and defer the capital gains taxes?
I own an investment property that is now inhabitable. What are my options to stop losing money? Due to the neigboring unit's overflooding, my unit flooded causing major mildew damage. The property is inhabitable and the area has rundown. I do not want to pay mortgage every month for a property I can not sell and can not rent. I need to find the best option to cut this problem without losing anymore money or taking a big credit hit. I don't know whether to let it foreclose or pursue a deed in lieu of foreclosure because I can't keep paying for a dead investment.
if i short sale an investment property, can i make the buyers offer subject to bank relieving me of the 1099? I want to short sale an investment property. the difference between what is owed, and actual value is signifigent, and will lead to bankruptcy. if we recieve an offer from a potential buyer, can i counter it back to say "subject to: bank not issuing 1099 for the difference"? FYI - the bank is WAMU.
Where can I find an investment property? I have 50k to invest. It is impossible to invest in real estate in California to get positive cash flow. Where can I find a good investment property in the country that can provide positive cash flow and good price appreciation as well?
Paid off investment home. Can I take a 1st mortgage on that property or must I go with a home equity loan? My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.
Tax Treatment of Investment Property if Owner Occupied? For about 3 year I have an investment property purchased under 1031 exchange. Next year I plan to make that as my primary residence (because it very near my job). If after living there for 2 years, I sell it, how will it be treated for taxation purpose?
Should I form an LLC for my soon to be first investment property? I have a home that is going to be converted from my primary residence to an investment property that I will rent out. I would like to know if putting this home in an LLC is the best course of action to limit my liablity. Also I will be residing in a state other than the one the soon to be investment proerty is located. Should I form the LLC in the state the property is in or the state I will be residing in? Only helpful answers please.
Is it possible to get a 100% loan for an investment property? I am a first time buyer and want to buy an investment property because a primary residence in my region is too expensive. Can I get a 100% loan, if so how?
Where is a good place to get a loan for an investment property with no money to put down? I am very interested in buying a real estate investment property for about 130 k. I am 21 years old and make about 25-30k per year. I really dont have much money to put down. Has anyone ever done something like this before and who would you recommend?
Can I file a schedule E for deductions and take a standard deduction on an investment property? I couldn't find an option to reply to the answer spock provided, which was great by the way. If you see this, it is an investment property, and I was wondering if I could take depreciation, in addition to the repairs, taxes, home owners insurance, etc, and still claim the standard deduction? I am a single claiming only myself on my taxes as well as being a full time student and making ~28k this year.
How do I buy an investment property with no money down? How do I buy an investment property with no money down?
What I can deduct for sale of a investment property? I just sold a investment property, I would like what kind of items I can deduct for ferderal income tax, can I deduct the closing cost for purchase of the property.....etc?
How do I start a LLC and transferr my investment property to it.? Hello, How do I start a LLC and transferr my investment property to it? I live in California and this is were my investmet property is. Please help. thanks in advanced.
Do I pay captial gains taxes when I sell my investment property if it is the only property I own? I currently own an investment property in Florida and I am looking to sell it. I bought it in 5/2004. I currently rent an apartment in San Francisco and so the only property that I own is that one in Florida. I'm aware of a capital gains tax that you must pay any time you sell an investment property. What I'd like to do is avoid paying this tax if possible. I've heard that because it is my only property, it does not qualify as an investment property and so I wouldn't have to pay this capital gains tax. Is this true?
I have just got an investment home loan for an investment property, can i get a tennant in the property for? a minimum of 6 months and then decide to live in the property myself so then it becomes my residence instead of investment property, or is that illegal as I would have an investment loan so I could buy the house instead of a normal home loan?
How to sell an investment property fast? A freind of mine has an investment property in Atlanta Georgia that he is trying to sell. It is a 4 year old Duplex with 4 bedrooms and 2 baths in each unit. It needs no repairs, it was built in 2002, it has wood floors throughout and it is close to public transportation, colleges and downtown. He is asking 335K for it and it was appriased 9 months ago for 350K. He has an open listing with a realtor for a few months but hasn't had any luck getting any buyers. The realtor said it isn't selling due to the tight market and the time of year he is trying to sell. Can you suggest any ways to get more interested buyers?
Cash or mortgage to buy an investment property? I have cash to buy an investment property but I heard it's better to set up a mortgage for tax purpose. Can anyone explain the reson why? It is said that setting up a mortgage is advantageous because the mortgage interest is deducted from the rent income, so there is a tax benefit. However, by the time you pay up the mortgage you will end up paying a few times more than the actual sale price. Is it still a good idea to set up a mortgage? If so, why?
can the sale of an investment property be financed by a living trust ? I would like to sell an investment property. There is no outstanding loan on the property. I also have a living trust. Can I sell the property but have it financed via my living trust ? Or do I need to put the property in my trust before selling and financing ?
I want to buy an investment property, Is it better to use the equity in my current home as down payment or not If I buy the home at $175,000 (that is a starter home in my area) and put no down payment down, the mortgage would be about $1140/month using the interest rate in my area(6.9%) when I add in property taxes and insurance and maintenance plus my profit (25%), it would be about $1850/month. Who on earth would pay that for a 3 bedroom 2 bathroom house with no basement and 1/4 acre? How could anyone put no money down for an investment property and still rent it out for profit? FYI- our starter home in this area has gone up about $40-48000 in 2 years. The area is very hot. What to do?
are we allowed to write off the payment of investment property as an expense? i live in ohio? i live in ohio and was wondering if i could write my payment on an investment property off as an expense or can i only write off the mortgage interest paid on it? i always figured my profit as rent collected minus full payment... is that not correct on ohio and federal taxes??? thanks in advance..
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think? What questions should I ask the tenant?
What is the best Investment Property in Orange County? Best Investment property? Multiunit apartments, Houses, Commercial?
how do you gain leads for my property investment business I can pay $1000 per sale? I am wondering if their is anyone out their with ideas of how to find people to help mefind leads for my property investment business Iwill pay $1000 per property sale.
Please advice of a HELOC lender that allows stated income documentation for an investment property? I am trying to make a deal work. It is a HELOC (or we can do a fixed second) but he is self employed and needs to go stated doc. Also it is an investment property. Any idea of lenders? 692FICO - 80% CLTV - Investment Property - Stated.
Property Investment? Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think? What questions should I ask the tenant?
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think?
Property Investment? I was invited to an open house by a broker. It was more of an investment property. This is what the broker told me about the property: 1*** Unionport Road, $119K, CC $543.33, tenant paying $940 The tenant that lives in there is renovating the apartment himself. Does this sound like a scam or am I viewing this wrong? The broker advise me if I am interested, the property could be mine but the tenant included and she will lower the price to $114,000. What do you guys think? What questions should I ask the tenant?
Property Investment? Property Investment? I am buying this condo for $125,000 and it is tenant occupied. Then tenant is paying $1150.00 rent and common charges is $435. Do you think is a good idea?
"Property Investment"? i'm looking for investment property for around 10k to 20k usd. prices, i wonder if anyone could give some advice what to do about legality for the foreign investors, cash buyer.. currently phillipines citizen, but soon to be kiwi citizen. Best Regards, roger ps. i've seen this site on yahoo. http://promo.realestate.yahoo.com/Best_Markets_for_Buyers.html
Property Investment? Property Investment? I am looking to buy a condo in NY with tenant occupied. I acutally found an ad on the newspaper and it reads: "This spacious 1BR is located on **** Metropolitan Ave. Current tenant is paying $975 a month but unit will be delivered vacant, market rental is about $1000 a month. Asking price $118,000 Low common charge of $435 real estate tax: $0 or very low (tax abatement still in effect)" What do you guys think? Should the price be lower?
Property Investment? Im Thinking of investing in property in Florida. Is this a good idea?? What hidden costs are there that I need to concider, or taxes etc.... Thanks
Property investment? Does anyone know of any great prop investments here or abroad? Which places are up and coming?
Property Investment? I am looking to buy a condo in NY with tenant occupied. I acutally found an ad on the newspaper and it reads: "This spacious 1BR is located on **** Metropolitan Ave. Current tenant is paying $975 a month but unit will be delivered vacant, market rental is about $1000 a month. Asking price $118,000 Low common charge of $435 real estate tax: $0 or very low (tax abatement still in effect)" What do you guys think? Should the price be lower?
Property Investment? I am buying this condo for $125,000 and it is tenant occupied. Then tenant is paying $1150.00 rent and common charges is $435. Do you think is a good idea?
Property Investment? Where is the best place to go for a home loan, and please don't say a bank.
Investment Property Share Opportunity in Spain for a 6 year term? Property investment has in the past only been available to clients that have significant capital to work with, however IPS now make property investment available to everyone with our shared property investment scheme called SPI. SPI works by bringing smaller investors together for a fixed term. They invest in a property together and when it is completed share the costs and use of it equally. The property is sold at the end of the investment term and the profit is shared similarly. With SPI you can invest in an exciting project with amazing potential for just over £5000 a quarter share. You can invest in a quarter share in a semi detached 3 bedroom villa in Costa Teguise in Lanzarote or in a two bedroom property on a golf and country club resort in Caravaca de la Cruz in Spain. For full details to be sent to you please ask. This is not an innovative ploy....you can contact me directly at laurie@ipspain.co.uk
Property Investment in Hong Kong? I need some good conversation regarding the Economy and Investments in Hong Kong. With Chinese Reminbi devaluating against US dollar, will it affect adversely to Hong Kong export/trading business? How about HK Property investers? Are the residential property values going to drop in Hong Kong? I have 3 residential properties in HK - all under mortgage. I need some serious advise so I can plan to either sell it off or keep up the investment to see a bright future. I may need further discussion over Finance/Economy/Investments in Hong Kong. Please inform if anybody open for this discussion with me. Thanks.
Yet another Property Investment Tax Question...... This time regarding Property Management Firms.....? It's my understanding that you can deduct the fees that you paid a company to manage investment property? Well what if I was wanting to start my own property investment firm? Could I manage my own properties and charge myself a fee and get it back on my taxes at the end of the year? Or would that open a whole new can of worms? What if a family member had a property management firm and they charged me slightly over the norm to manage the property? You guys see what I am getting at? I'd rather keep my money circulating between my family members than the government, especially if I can claim the management fees on my taxes at the end of the year. Is my reasoning unethical?
Property investment in Turkey --- please advise? My partner has been insisting to invest in international property in Turkey, Bodrum. We came across a stand at the home expo and since then she is very excited and has been raving about it every day. The property is a apartment in a resort project which is not even complete. And the fact is you dont own the apartment solely, as its not freehold or leasehold, but you are part of a company. The company rents out the apartment and gives a share of the rent to you. You allowed to stay in your apartment for only 3-4 weeks per year, rest of year it will be rented out to tourist. But thing is i am abit wary about this. Does anyone know whether this kind of investment in Turkey is a good idea. One other thing.. she wants to get 2 other friends involved in the investment so it will be me, her and 2 of her friends... (4 people in total) Any advice please as im really confused ?? thanks in advance
Property investment in Turkey --- please advise? My partner has been insisting to invest in international property in Turkey, Bodrum. We came across a stand at the home expo and since then she is very excited and has been raving about it every day. The property is a apartment in a resort project which is not even complete. And the fact is you dont own the apartment solely, as its not freehold or leasehold, but you are part of a company. The company rents out the apartment and gives a share of the rent to you. You allowed to stay in your apartment for only 3-4 weeks per year, rest of year it will be rented out to tourist. But thing is i am abit wary about this. Does anyone know whether this kind of investment in Turkey is a good idea. One other thing.. she wants to get 2 other friends involved in the investment so it will be me, her and 2 of her friends... (4 people in total) Any advice please as im really confused ?? thanks in advance ps. Cost of investment is £45,000 in total
Investment companies dealing with property agency? I am interested to discover about something more investment fund companies that can help me to develop my idea in properties agency business and which companies are specified for property investment fund.
German Property Investment - Tax? I hold British and German passports. If I bought a property in Germany as an investment, would I be liable to pay tax on the rental income and on the sale of the property in the future? If so, how much?
Property Investment Forums? Does anyone know any hype-free meaningful property investment forum, where I can interact with other people in the business, at any level? Many thanks.
Property Investment Forums Anyone? Does anyone know any hype-free meaningful property investment forum, where I can interact with other people in the business, at any level? Many thanks.
equity of my property for investment? 1. what is equity of my living property? 2. how to use it for property investment?
what is property investment? what is property investment?
what is the difference between property investment and management and...? real estate management? Because I want to study property investment and management in university but I original wanted to study real estate management and i'm just wondering that maybe their just the same with different names. Tell me if i'm wrong. Thanks.
what is the difference between property valuation, property valuation analysis and property investment analysi This is an extended answer question, Valuation is the process of determining the valuation or price of property, investment analysis is determining personal worth, return or risk based on given criteria
Property investment groups / clubs? I have heard that there are groups or clubs you can join (of various sizes) that pool resources to make property / RE investments. Does anyone have any experience with how this concept works? It sounds like a decent way to lower your risk and spread your dollars out over a number of investments (ie: diversify, just as one might do in the stock market). Thanks! Good tip on REITs, however my understanding is that they buy LOTS of RE and all over the place, so your ability to have some control over the investments is nil - it's just a bunch of analysts buying billions of dollars of properties and trying to outplay other REITs for profits. Not to say they're not intelligent - I'm sure they are - but I would personally be far more comfortable making investments that I can research and approve of. Remember when the Japanese REIT bought trillions of dollars of RE in the USA in the 1980s and then took a bath on it so hard in the early 1990s that their whole economy suffered a deflationary cycle for a decade?
has anyone heard of a property investment company called "equitygear' on the gold coast? just wondering if anyone has used the services of "equitygear" on the gold coast (they try to get people buying investment properties) and if so what feedback do you have, both good and bad??
Investment property or superannuation ? Property or superannuation better? I’m wondering what the better investment option is. I have 2 choices. I can either buy an investment property and put tenants in it, or put money into superannuation, which I can not touch for 31 years. I’m wondering what the better long-term option is. If I buy an investment property I’m looking at about $280,000 (Australian). After tenants rental income, I’ll have to put in about $250 a week of my own money. That’s not including insurances and other costs, so I estimate it go to about $270 a week, roughly. Would that $250 a week be better off in a superannuation account earning about 8% over the next 30 years taking everything into account, such as rising housing prices ? I already own a small property with my partner, which we are paying back. Any ideas, thoughts or suggestions guys?? Thanks.
Turn own property into investment property? I currently have a mortgage and am looking to move interstate and want to turn my current property into an investment property. My main question is a) should I sell and buy interstate or b) make it an investment property and rent interstate or c) make it an investment property and buy interstate? I am having difficulties on finding any info on doing this, especially with regards to tax benefits. (one site said all we would pay on the investment property would be $20 or so a week??) hope you can clear this up for me. thanks nsw, australia
Investment Property how have you structured yours? I live in Australia, with my parents(28 bit sad i know but i have a plan). I already have an investment property in my own name. I have since started a business which has a company trust attached for investments. This is my challenge. The house i purchase will be for me to live in, while living there i will sub-divide the land and build on the back of the property. On completion i will then sell the front and rent the back one out as an investment. If i were to not live in the front then i could just get it in the company trust and get the tax advantages, this is not an option because i am living in it, to then put the back property in the trust afterwards would have extra transfer fees and stamp duty etc, which would make it costly so what to do???? i will use the increase in capital available to aquire a house closer to the beach and continue the process. I am going to see my accontant and ask my business coach also,just wanted to if you might shed some light. Thankyou in advance:
Investment Property Tax Question...? Ok, I've been doing a little research and it's amazing to see what kind of tax break an investment property can be. I still need specific details as to what all you can itemize on your taxes when it comes to your investment property. So far I've heard that you can deduct: Morgage Interest Depreciation Management Fees Maintenance Are there any other tax advantages that I am missing? Can you claim the Property Insurance? Any and all property related tax info is greatly appreciated. v/r, Austin
Investment property use equity line to buy more property? I have an investment property which i rent out, i was wondering if i took out an equity line of credit, if i could use that money as a down payment to buy another property..
Investment Property Taxes (purchased end of 2007)? I bought an investment property in September of 2007 and was hoping to have it sold before January 31 hit, but that was not the case. This year I am doing my taxes with turbo tax and I am filing the house under a rental property to be able to take advantage of all the repairs and other items I have put into the house. The question that I have is that when I sell the house in 2008 will I still be able to deduct the depreciated items (Carpet, etc) to help bring the amount that I profited from the house down so that the capital gains tax won’t takes as much. Or if any one has been through a similar sinerio please provide advice on what approach I should take.
Investment property? Investment property? I am buying a condominium for $125,000 tenant occupied currently paying monthly $1150 (soon will increase to $1200). The common charges is $435/monthly. Do you think this is a good investment. My current mortgage will be $680/monthly.
investment property? I really want to buy a rental investment (like duplex) and I need some guidance: 1. Should I form an LLC to protect my potential lawsuit and purchase that rental property under that LLC? can I avoid an LLC due to fees/costs? 2. I am in CA and looking out 3 different areas: Austin TX, Vegas NV, or Raleigh-Durham NC. Which one do you think I should look into in terms of long-term investment (at least 7 years) and taxes/fees consequences Thanks
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