Tax time is approaching quickly. Here’s a brief introduction to what property investors need to know about types of taxes on rental real property. What Tax Form Do I Use to Report Rental Income? Rental income is reported on your tax return using Form 1040, Schedule E. You’ll list your rental income, expenses, and depreciation. …
Rental Properties and Taxes: What You Need to Know Read More »
We all know that investing in rental real estate is one the best things you can do for your portfolio. But, as you may have already experienced, it is a large time commitment and requires a lot of knowledge and effort. Whether you are thinking about becoming a landlord for the first time, or the …
7 Reasons to Invest in the Pacific Northwest Thinking about investing in Pacific Northwest real estate? Now is the perfect time to make the move. Here are our top 7 reasons to invest in the Pacific Northwest.1. JobsHigh tech companies flock to this area. The Portland area has been nickmnamed the “Silicon Forest” due to …
WHAT IS GROSS RENT MULTIPLIER? The ratio of a property’s price to gross rental income. It tells you how long it will take for an investment property to pay for itself. For a prospective real estate investor, a lower Gross Rent Multiplier (“GRM”) represents a better investment opportunity. Similar to other property valuation methods, GRM is effective …