Property Management Software!

Investor Marketing Tip - WALK AWAY from investors Click here for tips A-Z Walk away from all your investor clients and prospects. Tell them you don’t need to do business with them. Your website can do it for you! Just don’t add anything of value to investors onto your website, and they'll never c...

Last Minute Tax Tip - Collect Rent in Advance to Offset Loss Carryovers One main benefit of owning rental property is being able report a loss, but some taxpayers cannot take advantage of this tax shelter due to high income loss limitations. Their losses get carried forward, and cannot get deduct...

Last Minute Tax Tip - Traveling Away from Home You can deduct the expense of traveling away from home if the primary purpose of the trip was to collect rental income or to manage, conserve, or maintain rental property. You can also deduct expenses incurred while staying overnight when traveling f...

  "OK - I am NOT kidding you about this! Tonight, I worked on the things I learned on your webinar last week... within 3 (yes, 3!) minutes, I had another investor sign up!"  - Tina Merritt Oh Ya... It's that good... Register for this Friday to see what all the hype is about. MARKETING to Real Est...

Last Minute Tax Tip - Repairs due to Vandalism can be Expensed Immediately If rental property is damaged by vandalism, the cost of repairing the property to its previous condition is immediately deductible instead of being capitalized and depreciated. For example, say you replaced an entire windo...

1 out of every 5 buyers is an investor!!! This was again confirmed by NAR in their latest annual study on second homes and investment purchases. They found that purchases for investment purposes accounted for more than one out of five home sales in 2008. Second homes and vacation property purchas...

Last Minute Tax Tip - Making Health Insurance a Rental Expense Costs to insure rental property are deductible, so depending on how you structure your rental business, you may be able to cover your life and medical insurance as part of the rental business. Structuring your rental property as a Lim...

Okay, I've now accumulated 7 8 9 new COOL Twitter tools that I just HAD to share with you (if you're on Twitter, that is!). 1. http://twitter.com/MrTweet - Who should you follow?  This great service analyzes your profile and the folks you are following, and recommends new people for you to follow...

Last Minute Tax Tip - Giving Gifts and Lowering Taxes If you give gifts in the course of your business, you can deduct all or part of the cost, but you cannot deduct more than $25 for each business gift that you gave away during the tax year. A gift that is intended for the eventual personal use ...

Last Minute Tax Tip - Pay your Kids and Open their IRAs If it looks like you will have a large taxable liability at the end of the year, it's not a bad idea to hire your kids to landscape your rentals. You can pay your kids to do work on your properties, and put the money in IRA accounts for them...