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Buying your first investment property is a big deal. It is a huge asset for most individuals, and it requires work. Many individuals actually view owning a rental property as being more similar to a small business than an investment, because it involves customers (tenants) and vendors.
Our services are free since we are paid by the lender once your loan is secured. Whether you are buying your first home to live in or rent out, upgrading to a larger home, renovating to stay, or investing in property for your future, we can assist you. Mortgage Masters are your expert local mortgage brokers in Newcastle, Maitland and Hunter Valley.
Tax Treatment of Expenses During a Remodel of an Investment Property Remodeling is good for increasing your property’s value and your tax deductions. Related Articles
Paul Anastos is the president of Mortgage Master, one of the country’s largest privately-owned mortgage companies headquartered in Walpole, Mass. The company, which was founded by Leif Thomsen in 1988, has been built on a simple, but powerful, strategy of a 360-degree focus on responsive service, responsible lending and performance.
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Utilities costs. Mortgage and homeowner’s insurance. Property taxes. There may be additional costs on top of those. And if your mortgage rate is adjustable, you really have no idea just how high those costs could skyrocket in future years.