Multifamily investing offers robust returns without the volatility of the stock market. Yet, when you add in the tax benefits, you can optimize financial strategies to achieve even higher rates of return not reflected in IRR (Internal rate of return) and cash-on-cash calculations. Here are a few of the tax
Inflation and interest rates impact virtually every aspect of our lives. We have seen that firsthand as the combination has driven up costs on everything from consumer goods to borrowing. Beyond the impact on consumers, the double whammy of higher prices and escalating interest rates has directly impacted new construction
Stock market and crypto crashes have become commonplace and are only expected to worsen. According to the Federal Reserve Bank in New York, nearly 70% of consumers and 84% of CEOs expect a recession in 2024. Anticipating a recession often leads to behavior changes even before a market downward occurs.
September 5, 2023, will be a day of infamy for thousands of real estate investors in New York City. It is the day the city effectively banned rentals under 30 days. The current law allows only primary homes to be rented by the room because property owners can accept a
Whether you own and manage properties independently or have multiple partners in commercial real estate projects, investing in real estate is a proven method for building wealth. Part of the appeal is the tax benefits, including the ability to deduct depreciation lowering your annual taxable income. However, when you take
As of September 2023, the average 30-year mortgage for a home purchase reached 7.62% for the first time in 23 years. Refinance rates rose to 7.78%, 13 basis points above the week before. A year ago, mortgages were closer to 5%, and 18 months ago, they sat below 3%. The
