Blog von deendayal
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von deendayal am 12. Mai 2018 15:12 Uhr · Kommentare: 0
On paper, your real estate investments have been a great success. You bought three rental houses 20 years ago for $150,000 each. They're now fully depreciated, and you can net $450,000 on each. You've been a good—and sometimes great—landlord.
So what's not to love. The calls at 1 a.m. because the boiler shut down on a cold night. The tenant who said they were pet free but who's been "hiding" a large dog for months. If you hire a property manager, you're just increasing your expenses, because you'll still have to pay for the repairs, and each of the maintenance problems can costs thousands to fix! You consult with your accountant, because you've decided you're ready to sell and get out of the landlord game. She writes down the number that you're going to owe in federal and state capital gains taxes—and you realize that you're giving the government a huge percentage on your hard work and success. Also, yo... |