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A Word on Taxes!

A Word on Taxes!

   Who doesn’t love listening to income tax commentary from media types that don’t have the slightest idea of what they are talking about?  Well, not me.  It’s exhausting.  With the latest “news” about President Trump not paying taxes over the course of some recent tax years, let me offer the smallest of small subset […]

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 […]

2018 Tax Assessments are out!

2018 Tax Assessments are out!

This past week, both home owners and property investors alike found a little gift in their mailbox… the 2018 Idaho Property Tax Assessment. These notices over the last six or eight years have soured each Memorial holiday without fail because values have been on a steady rise. For example, the year-over-year 2018 assessment increases in […]

Finding Value Despite Shrinking Margins

Finding Value Despite Shrinking Margins

For perhaps 6 months or more many agents have been describing (and lamenting) the investment-buyer challenges in the current market. Not much has changed since then, but we are seeing a bit more inventory in the residential income space. Yes, margins and cap rates continue to decline, and we’ve seen some rising interest rates too, […]

Emphasis on “Market” rents, could be the way to go…

Emphasis on “Market” rents, could be the way to go…

The Anfield team utilizes many metrics to evaluate a property.  Of course this is done in an effort to maximize client investment returns for the various investment choices be it multi- or single-family home. It can all be quite daunting… calculating cap rates, cash-on-cash, return with loan paydown, gross rent multiplier, debt service ratio… lions […]

Managing Your Appreciation

Managing Your Appreciation

Most Boise-area homes and income properties have seen values appreciate in the last couple years. Some estimates show value growth to be 10-15%, some even higher. So, now what? What should owners do to evaluate and manage this appreciation? (I mean besides high-fiving one another 🙂 Using a simple comparison, if shares of certain stocks […]

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. […]

The 1031 Exchange… Like Mining for Gold in the Tax Code

Despite popular belief, the Internal Revenue Tax Code is actually littered with little golden nuggets of tax relief. Who knew? Some of these nuggets are well known and easy to navigate like the tax deduction for interest paid on your home mortgage. Then there’s Section 1031 of the Internal Revenue Code. Oh sure, the benefits […]

REIT is No Substitute for a REAL Property

Logic holds that investors should be diversified… but diversity inside the same market? Let’s get REAL… as in Real Property. When looking to diversify away from “market” driven securities, investors will often turn to a REIT (Real Estate Investment Trust) with the hopes that this will provide similar returns and benefits as those available from […]