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A Word About “Appreciation”

A Word About “Appreciation”

Not so long ago (2006 to be specific), real estate investors rushed to Boise, Vegas, Phoenix, etc to buy up property.  Budget friendly places?  Yes.  After looking into it, I discovered the goal was to buy and then sell in a year or two and harvest huge gains.  Free money! These “investors” planned to rent […]

Don’t Be Passive with your Real Estate Investments

Tax professionals use the term “passive income” to describe real estate investment income because the theory is that it comes in without any work from you (similar to stock dividends). I’m not sure “passive” is the right word, because it sure doesn’t seem like it, but there are several passive elements to owning income property. […]