Are you thinking of selling your investment property? Stop, before you put the rental property up for sale, there are 4 things you need to know: 1. Capital gains tax: how much capital gains tax you will pay and can you minimize capital gains tax 2. Tenants: Accommodating tenants and working with them to sell 3. Documents: Preparing key documents upfront 4. Vacant Possession: There are 2 potential groups of buyers
Have you looked at a potential investment/rental property and thought I could use a investment/rental property calculator right about now? It's here. I go through my investment/rental property calculator where I cover the 3 areas: 1. Monthly cash flow 2. Acquisition costs (capital required to buy the rental property) 3. Exit strategy (how does the rental property look over time).
4 Ways To Be Profitable Investing In Real Estate
Investing in real estate in the long term is profitable. Some investors focus on one factor only when deciding where & what to invest in. However, remember there are 4 ways to be profitable investing in real estate:
1. Cash Flow
2. Mortgage paydown
3. Appreciation
4. Tax benefits
