SPARKRENTAL

  Real estate investments come with a slew of tax advantages. While you own the property as a rental, you can take nearly two dozen landlord tax deductions .  Then, when it comes time to sell, you can reduce or avoid capital gains taxes on real estate through another dozen options.  Start thinking about your real estate exit strategies now, long before you’re actually ready to sell. By positioning yourself early, you can dodge the bullet of capital gains taxes on investment properties altogether.    Table of Contents Short-Term vs. Long-Term Capital Gains: An Introduction Other Ways to Avoid Capital Gains Tax on Real Estate 1. Live in the Property for 2 Years 2. Check If You Qualify for Other Homeowner Exceptions 3. Raise Your Cost Basis by Documenting Expenses 4. Do a 1031 Exchange 5. Sell in a Year When You’ve Taken Other Losses 6. Harvest Losses 7. Convert Your Home into a Rental Property 8. Convert Your Home into a Short-Term Rental 9. Move to a...

Millions of Americans remain out of work in the coronavirus pandemic, after the economy has recovered only half of the 22 million jobs lost in the spring of 2020. Meanwhile, the stimulus checks and extended unemployment benefits are ancient history by November. This has left millions of renters behind on rents, while nearly all evictions have halted due to the CDC eviction moratorium. All of which begs the question: do we face an eviction crisis in early 2021? With the second wave surpassing spring coronavirus cases , the pandemic is far from over. And many economists expect more economic shrinkage in late 2020 in the wake of the resurgence.    Table of Contents Number of Tenants Behind on Rent How Today Compares to Historic Norms Rent Negotiations & Payment Plans During COVID-19 Unemployment & Other Benefits Eviction Moratoriums Expiring How Likely Is an Eviction Crisis? Final Thoughts Number of Tenants Behind on Rent To understand the risk of an “e...

  In short, due diligence in real estate means “do your homework.” This goes beyond looking for the “perfect” property, whether for your personal residence or an investment. Due diligence means conducting thorough research to ensure the home is a good investment before you sign on the dotted line. Millions of homes on the market today don’t live up to their promised returns. Unless you do the work to discover property faults, clouds on the title, weak real estate cash flow, or other reasons not to buy a property, you won’t discover them until it’s too late. If you want to avoid making a bad investment, learn how to do your due diligence. So how do you do due diligence when buying a house? Keep all of the following in mind before shelling out hundreds of thousands on your next home or investment property.   Table of Contents What is Due Diligence in Real Estate? How Do You Do Due Diligence in Real Estate? Research the Neighborhood Calculate Cash Flow & Retu...