Sure investment bets are a bit like unicorns. They don't exist. Any investment carries some risk, however negligible. But the good news is that there are ways that you can lower your risk of losing money on your investment in rental properties. Read on for some suggestions on what to do before making the leap into landlord territory.
The amount of taxes that you have to pay when you sell off your Florida home can be quite high. This is why many sellers take time to apprise themselves of the different tax savings options that they can pursue to minimize their tax burden. The 1031 exchange is often one that sellers pursue.
If you are a real estate investor, then you're well aware of how saving every little dollar is key to being able to get into investing in your next fix and flip. Keeping your tax burdens low is one of the benefits associated with setting up a real estate limited liability company (LLC).