by Ted Farry | Jan 11, 2019 | single family rental property
Real Estate Investment Trust (REIT) A Real Estate Investment Trust is a type of entity that owns – and typically operates – income-producing single family rental investment property or other type of real estate or real estate-related assets. REITs provide a way for...
by Ted Farry | Jan 11, 2019 | single family rental property
Qualified Intermediary A Qualified Intermediary is an unrelated party who participates in the tax-deferred, 1031 exchange to facilitate the disposition of the exchangor’s relinquished single family rental investment property or other type of property and the...
by Ted Farry | Jan 11, 2019 | single family rental property
Property Tax Property tax is a real estate ad-valorem tax, calculated by a local government, which is paid by the owner of the property. The tax is typically based on the assessed value of the owned property, including land, that is a derivative of the property value....
by Ted Farry | Jan 11, 2019 | single family rental property
Property Manager The Property Manager is the person or company responsible for managing the single family rental investment property or other type of investment property in exchange for a fee. Property managers oversee the leasing, rent collection, repairing and...
by Ted Farry | Jan 11, 2019 | single family rental property
Principal Residence Exclusion (Section 121) A Principal Residence Exclusion (Section 121) exclusion from capital gain tax on the sale of principal residence of $250,000 for individual taxpayers and $500,000 for couples, filing jointly, under Internal Revenue Code...
by Ted Farry | Nov 7, 2018 | 1031, Investing With Conatus 101, single family rental property
Out-Of-State Investing Out-of-State investing gives investors the ability to own single family rental investment property or other types of property that is geographically removed from their own primary residence. Real Estate investors often feel most comfortable...
by Ted Farry | Nov 7, 2018 | 1031, Investing With Conatus 101, single family rental property
Operating Expenses Operating Expenses are costs incurred in the ordinary course of operating a single family rental investment property or other type of investment property business such as: property management fees, leasing commissions, insurance, HOA fees, property...
by Ted Farry | Nov 7, 2018 | 1031, Investing With Conatus 101, single family rental property
Non-Recourse Loan A Non-Recourse Loan a type of loan secured by collateral, which is usually real property which can include single family rental investment property. If the borrower defaults, the issuer can seize the collateral but cannot seek out the borrower for...
by Ted Farry | Nov 7, 2018 | 1031, Investing With Conatus 101, single family rental property
Net Operating Income (NOI) Net Operating Income is a calculation used to analyze single family rental investment property and other types of real estate investments that generate income. Net operating income equals all revenue from the property, minus all the...
by Ted Farry | Nov 7, 2018 | 1031, Investing With Conatus 101, single family rental property
Mortgage Loan A Mortgage Loan is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor’s single family rental investment property or other type of property, with the condition that the conveyance...