Eddy's Blog

Investors may claim depreciation and other deductions, such as , mortgage interest, property taxes , insurance, management, maintenance, and utilites to reduce the tax bill. In my opinion one of the most important tax benefits of income property ownership is the depreciation allowance. Depreciati...

In the first part of this blog i explained how capital gains were calculated in words now i will show it you mathematically. There are three steps to arrive to the result which is whether is capital gain is a net gain or a net loss. There are three steps in the equation to calculate this figure. ...

I love math, i believe that math is your friend :-).Gainon an income-prducing property is calculated much like that for a personal residence , with the exception of any depreciation that has been claimed over the years must be subtracted from the adjusted cost basis. Basically, what this means is...

Most real property qualifies as "like" property as long as it held as an investment. For a property ot be considered a investment property there are several parameters. It may be investment property (raw land) , property held for the production of income (apartment / commercial) or property used ...

The 1031 exchange which also often called a "tax free" exchange is a method of deferring tax liabilty. It allows the investor to exchange a property for a "like" property  and defer the gain (profit) until the property is sold. It is not really a tax free exchange though. THe taxes are simply put...

Procrastination haunts us all lets face it. WHen trying to manage your time effectively procrastination serves as this principles kryptonite. Many of us when it comes to having a specific  deadline we think oh ill do it tommorow. This carries for several days and at the last minute we are running...

With my new baby time management is even more important for me. I would love to spend all of my time with him but at the same i have to run my business. Lets face it nobody is perfect and everything we do during the day is not going to be 100 % perfect. Whenever something is done there is going  ...

Brian Brady was kind enough to write a blog about my absence due to the birth if my first child and i would like to thank him again. http://activerain.com/blogsview/16884/Eduardo-Rapido-Becomes-a   I would also like to thank Scott Gormley Californias number one Active Rain broker http://activerai...

At the end of a busy working day or on the weekend cable tv has been bombarded with shows about flipping houses. There are at least four to five different shows in which everyday investors buy properties under market value fix them up then sell them for a profit. These tv shows are creating alot ...

Outside sales is the sales culture that i am work in. I am an independent contract for my company. There is a lot of freedom but nonethless production is what will keep food on the table month in and month out. As an outside salesperson you manage your own schedule. You are responsible for keepin...