Raise your hand if you or your workers, in any way, still work remotely post-pandemic. It’s a common enough reality — maybe more so now even than 2020. Working in sweatpants from the comfort of your Atlanta home is infinitely better than dress shoes and uncomfortable desk chairs — and cheaper than paying high business space rent prices. But with so many companies going remote and giving up their brick-and-mortar… Read More
Archives for July 2023
Do Landlords Benefit From Inflation?
A U.S. Bureau of Labor Statistics May 2023 report shows that home shelter, including rent, is the largest contributing factor to overall inflation increase. Over the 12-month period ending in May, shelter costs rose by 8.0%. Despite the increase in rents, renting is still cheaper than buying. For the most part, inflation is beneficial to landlords because rising housing costs will raise rent and thereby raise gross income. The demand… Read More
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 or owning one as part of your property portfolio? The advantages are obvious: Minimal Operating… Read More
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 do that, let me just say: DON’T. If Google catches it, they’ll not only flag… Read More
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 property where you receive at least one payment after the close of the taxable year… Read More
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: Advertising, Office space Business equipment and materials, legal and accounting fees, related travel Depreciate Costs… Read More