San Diego Property Management & Real Estate

What are Accessory Dwelling Units and How Do they Add Value to Your San Diego Property?

What are Accessory Dwelling Units and How Do they Add Value to Your San Diego Property?

There are a number of other specifics that you’ll need to pay attention to before you build a new accessory dwelling unit on your current property. But, if you have the space to consider it, or you already have a structure on your property that would be easy to convert, it’s something to consider. The additional rental income would help with your cash flow and your overall ROI.

Investor’s Guide to Positive Cash Flow from San Diego Real Estate

Investor’s Guide to Positive Cash Flow from San Diego Real Estate

Investing in San Diego real estate does not have to mean counting on long term appreciation and tolerating neutral or even negative cash flow in favor of the larger investment picture. It’s positive to gain positive cash flow in San Diego, and we’re here to share some ideas that may help.

San Diego Landlord Education: What is Active Participation?

San Diego Landlord Education: What is Active Participation?

A real estate concept that you may not be aware of is called active participation. This allows someone to deduct up to $25,000 of rental real estate losses when they meet certain criteria.

Top 4 Landlord Tax Deductions in San Diego | Property Management Education

Top 4 Landlord Tax Deductions in San Diego | Property Management Education

There are several investment property tax deductions that most investors know about. Everyone is going to deduct their mortgage interest, property taxes, insurance, commissions, and those types of things. However, we have noticed that there are some deductions that people miss. New clients often don’t know about these, and we want you to be aware of them.

Can I Use My Rental Property as a Vacation Home? Advice for San Diego Owners

Can I Use My Rental Property as a Vacation Home? Advice for San Diego Owners

A question that often comes up is whether a rental property can be used by the owner as a vacation home. You may have a rental property at the beach or in some other location that’s popular for vacations. Perhaps you’ve been renting it out and generating some losses out of that. As the owner, you are successfully deducting those losses on your tax return. If you decide you’d now like to use that property personally, you’ll need to be aware of the rules that apply. If you use the property for too many days personally, it’s no longer a rental property, and you can’t deduct those losses.

What Are Closing Costs & Can You Write Them Off? Property Management San Diego

What Are Closing Costs & Can You Write Them Off? Property Management San Diego

Closing costs show up when you’re buying a property, and you’ll also notice that you’re responsible for closing costs when you refinance a loan. Today, we’re explaining what they are and why they make a useful tax deduction.

5 Simple Steps for Remodeling Your Home

5 Simple Steps for Remodeling Your Home

Remodeling your home is a fun and smooth experience thanks to 3D models. With 3D models you can visualize your new space before you begin renovation. In a 3D model you can see flooring, cabinetry, materials, countertops and finishes at every angle. Seeing your renovation before you build it can save lots of time, money and hassle. Below are 5 simple steps you can follow to get you started on your renovation and 3D model.

Passive Losses on Rental Property & How They Relate to San Diego Real Estate Rentals

Passive Losses on Rental Property & How They Relate to San Diego Real Estate Rentals

The impact of passive losses on rental property will depend on how much you earn. The general rule is that if you earn over $150,000 per year, you have to take a passive loss. So, if you have a rental property that incurs a $10,000 rental loss, you aren’t eligible to deduct that loss if your modified adjusted gross income, which is the last line on your tax return, is over $150,000.

What is a 1031 Tax Deferred Exchange? Education for San Diego Investors

What is a 1031 Tax Deferred Exchange? Education for San Diego Investors

The concept of a 1031 exchange comes up a lot. With this idea, you’re exchanging one property (property number one) for another (property number t...

Renting to Relatives: Preventing Tax Implications for San Diego Landlords

Renting to Relatives: Preventing Tax Implications for San Diego Landlords

Renting a property to family members comes with a number of unique challenges, but one thing you might not have considered is the tax implications...

Video: Should you gift your rental property to family?

Video: Should you gift your rental property to family?

Should you gift your rental property to a family member to remove it from your estate? This is a question we sometimes hear, and the answer is that it depends on a few things, particularly the size of your estate and the tax implications for your heirs.