May 5th, 2010
If I buy property in another state, is it considered an investment property?
I’m thinking about buying property in another state and renting it out for a couple of years, but I do not own any other properties. Would this be considered an investment property for tax purposes or could I file as primary residence, although I don’t live there, but plan to in the future?
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Filed under: Buy Property
Het zou een investeringsbezit zijn. U kunt het als primaire woonplaats juridisch slechts eisen als u daar leeft.
Om het even welk bezit u koopt wordt overal beschouwd als investeringsbezit aangezien u de plannen bij het maken van winst van het hebt.
If you are buying it for tax purposes you need it to be an investmant property. If it is considered your principle place of residence then you cannot get tax deductions on it as it is not an income producing asset. Living in it in the future may work well to decrease your capital gains tax. Good luck
Als u een lening krijgt die levend u daar zegt (of bedoel daar te leven) wanneer eigenlijk u van plan bent het een paarjaren te verhuren, begaat u leningsfraude (het FBI zoekt mensen die dit doen). Als uw de ambtenarenhulp van Realtor of van de lening u dit doet, eveneens begaan zij misdaden.
Ja, is wat u voorstelt een aankoop van een investeringsbezit. Don' t liet om het even wie u anders vertellen.
If you buy a real property in another state it could be worth as a great investment by renting it out to tenants who has good credit. If you are going to sell it for pure profits than I would recommand the “Home Sale Kit” It’s valid and legal in all 50 states and the District of Columbia. It save me thousands of dollars on broker’s fees selling it myself. You can save thousands of dollars in broker’s commissions by utilizing the proven techniques outlined in this kit. It has been designed by experts in the fields of law, residential real estate, and advertising. You sell your house without a real estate agent it’s easier than you think! (Includes Diskette).
If you are thinking about renting out a property, I would recommand that you sould buy the “Lease Agreement Kit” for only $16.95 plus shipping and handling.
Here’s another great way to make money: “How To Buy Foreclosed Real Estate For A Fraction Of Its Value” Everything you need to know when purchasing foreclosed real estate is at your fingertips! A must read for anyone in search of affordable real estate.