Rental real estate can be a great investment or it can be a curse you wouldn’t wish on your worst enemy. The number of homes in foreclosure has risen dramatically in the last few years and mortgage rates are at all time lows, which present buying opportunities for investors.
Before you invest in real estate you need to know the tax benefits of that purchase before you sign the offer. Investors who don’t look at the whole picture often times buy a property that generates a tax loss but because of the rest of their income picture they can’t deduct that loss. Let’s face it, what good is a tax loss if you can’t use it?