Author: liracer908

How to find foreclosures in Long Island NY

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There’s a lot of competition to find great deals on local Long Island NY foreclosure properties. Finding them is only one part of the process – you also need to know how to capture them. Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in … Continued

How to bid on a short sale property

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Short sale properties can be a great source of income for investors, and a great deal for home buyers. It’s important to keep in mind that a short sale is one where the bank has approved a loss on a current loan. They’re losing money, so they want to unload. Generally the current owner is in a rough … Continued

Investment Property Tax Deductions List for Long Island

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Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Long Island investment properties… you can earn investment property tax deductions for your Long Island properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of … Continued

Tips on Buying Long Island Real Estate with your IRA

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While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Long Island real estate within your IRA. So, lets dive … Continued