Is A Tiny House a Good Investment?
A tiny home is sized between 100 and 400 square feet (as opposed to the average American home size of 2500 square feet) and usually has large windows, high ceilings, and furniture that serves multiple purposes. Although tiny homes may be small, the decision to invest is still a big one. Is it worth building […]
Cutting Costs in Your Atlanta Business Right Now
Though things might be tight economically for your Atlanta business, keep in mind, cutting corners can become a real issue. Take for example fake reviews that are so pervasive online. Some business owners are tempted to buy reviews to get their product or service seen online. If you’ve ever done that or been tempted to […]
Maximizing Profits and Deferring Taxes When Selling Your Investment Property
If the fear of taxes is preventing you from selling your investment property, seller-financed installment sales can enable you to defer those taxes. The installment sale can cut your tax bill by spreading out your profits over multiple years and put you in a lower tax bracket. An installment sale is a sale of eligible […]
ARE YOU READY TO JUMP INTO THE REAL ESTATE INVESTMENT POOL?
Still on the fence about getting your feet wet in the Real Estate Investment Pool? Real Estate Tax Write-Offs – You can amass expense deductions that are direct costs from your investments such as: Property tax and insurance; Mortgage Interest; Cost to maintain and repair the building. The costs of running your real estate business: […]
IS IT WISE TO CANCEL YOUR DEBT?
Debt cancellation can help a beleaguered borrower survive but it also can trigger negative tax consequences. Cancellation of Debt (COD) Income Is Taxable. When a lender forgives part or all your debt, it results in “Cancellation of Debt (COD) Income. “ Although the general federal income tax rule is that COD Income counts as gross […]
Investing Habits of the Ultra Wealthy
Ultra-High Net Worth Individuals are those who have net worths of at least $30 million of shares in private and public companies, real estate, and personal investments. It’s easy to believe that secret investment strategies lead to such wealth but overall, the actual strategy is knowing how to make money work for you and taking […]
How to Determine Whether or Not Your Investment Property Will Be Profitable
How do you know if an investment property will be profitable? Rule Number One is STILL Location, Location, Location. After that, you can apply these rules: The One-Percent Rule The one-percent rule is simply a rule of thumb that investors use to help them narrow down their options quickly and efficiently. All the one-percent rule […]
Are you a Risk Averse Real Estate Investor?
High-risk real estate speculating and investing is like walking a tightrope. It’s not for everyone. If you are a risk-averse person and investor, here are some guidelines to keep you on a more conservative path: Avoid highly volatile real estate. Don’t be lured into recession-prone properties such as hotels, senior housing, and oil/gas properties. Don’t […]
ARTIFICIAL INTELLIGENCE IN REAL ESTATE INVESTING: FRIEND OR FOE?
Perhaps you haven’t realized it, but Artificial Intelligence (AI) has already made deep inroads into the world of Real Estate Investment. Don’t reach for your smelling salts, it’s a good thing. Some of the most common uses of AI in the world of the investor are Predictive Analytics, 3D Modeling, Smart Home Devices, and Property […]
How Atlanta Owners Can Measure Business Value Correctly
There’s this comparative analogy about what makes something American that people like to use: “as American as apple pie.” But, I kind of think we should update that comparison to “as American as starting a small business.” Not as catchy, I know (or as yummy). But, it’s just the truth. Small business ownership is the […]