What Is Depreciation Recapture, and How to Calculate It?
When you sell property that has been depreciated, you may be required to pay depreciation recapture rental property tax. This …
Real Estate Resources
Down Payment Assistance: How to Get the Money You Need for a Home
If you’re like most people, saving up for a down payment on a home can seem like an impossible task. …
Gross vs Net Income: What’s the Difference?
When it comes to your finances, it’s essential to understand the difference between gross and net income. Gross income is …
What is After Repair Value (ARV) & How is it Calculated?
If you are wondering what ARV is in real estate, the definition is straightforward. The after-repair value or ARV is …
Rich Dad Poor Dad – Book Summary and Review
The number one book that can help you start your financial education journey is Rich Dad Poor Dad. This book …
Rent-to-Income Ratio: How Much Income Should Go To Rent?
Are you planning to rent an apartment or a house? If so, it’s essential to determine how much you should …