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Taxes on Passive Income: Types of Taxes & How to Minimize Them

Passive income is the key to reaching financial independence and retiring. With enough passive income, you can ditch your day job — or at least cover the gap between what…

Passive Income Types: The Best Sources of Passive Income

Going to work every day and getting a paycheck every two weeks? That’s active income. Being self-employed? Freelance work and side gigs? All active income too. Active income is money…

Fundrise Review 2023: An Easy Way to Diversify Your Portfolio?

Despite being a real estate investor and landlord myself, I love real estate crowdfunding platforms. You can take $10 and invest it in dozens of different properties, rather than investing…

How to 1031 Exchange into Real Estate Syndications

Real estate syndications have exploded in popularity among investors seeking passive income, diversification, and higher yields than many traditional investments offer. But if you’re a landlord looking to switch to…

House Hacking: 14 Ways to Get Free Housing

I don’t pay a dime for housing. Before that, I only paid around 30% of my mortgage payment. How? By finding ways to have other people pay my housing costs.…

Lower Mortgage Rates: 8 Creative Ways to Finance Properties While Rates Are High

High interest rates and a nationwide housing shortage make for a tough combination for homebuyers and investors alike. So, what creative financing options do you have while interest rates for…

Savings Rate: How Much of Your Paycheck Should You Save to Retire Early?

No matter how much you earn, you won’t build wealth if you spend every penny you bring in. A person who earns $75,000 and saves $25,000 per year will create…

Taxes on Real Estate Sales: Homes, Investment Properties, Crowdfunding & Syndications

Sure, property taxes aren’t fun while you own a home or investment property. But what about taxes on real estate sales? Do you pay taxes when you sell a house?…

How Much Emergency Fund Should I Have as a Property Owner?

Just 39% of Americans could cover an emergency expense costing $1,000, per a 2021 study by Bankrate. The other 60% would be up the creek without a paddle. Because emergencies…

Reverse 1031 Exchange Timeline & Rules

Real estate investors can famously defer capital gains taxes on investment properties with a 1031 exchange. They sell a property for a profit then roll the proceeds into a new…