Being a successful real estate investor and property owner hinges largely on your ability to successfully lease your units. But spoiler alert: simply keeping your units occupied is not enough. You must keep them occupied with high-quality tenants if you want to truly...
RL Property Management has been serving owners and residents throughout the greater Columbus area for a decade. Read on to learn more about Peter Lohmann’s start as a property investor and gain insight into how to grow your real estate investment portfolio. How did...
The IRS has a label to classify everyone and one you don’t want next to your name as a property investor is: ”dealer.” The biggest reason for this is that it can result in you owing double FICA taxes – a total of 15.3% in addition to your federal, state, and...
There are several strategies to minimize your tax bill as a property investor. From maximizing tax deductions to accounting for depreciation, utilizing a 1031 exchange and many others, you can generate wealth and grow your portfolio by taking advantage of tax...
When it comes to building wealth through real estate, many investors focus on rental income and property appreciation as key components to driving growth, but there’s another powerful tool that allows you to pocket more money: depreciation. Depreciation...
Investing in real estate can provide significant financial opportunities for individuals and build generational wealth for families for years to come. And like many pursuits, there is more than one way to achieve success. However, following time-tested, risk-tolerant...