Buying investment property has one specific intention: to make a profit. Of course, maximizing profits means limiting the amount of taxes you pay on revenues. While most property owners deduct the interest and repairs, most overlook other key legal deductions. Here are 5 overlooked IRS tax deductions for investment property in . Be sure to […]
About Blake RounklesBlake Rounkles is an experienced real estate investment professional and active home buyer based in Davis County. He has lived in Utah his whole life and serves his community through his church and other programs. Blake Rounkles and his team are located in the Layton Hills Mall. Blake has been trained by real estate investment professionals from some of the top companies in the nation and he has been a Realtor since 1996. He has bought and sold hundreds of homes throughout the years.
Author Archive | Blake Rounkles
Investments come in all shapes and sizes. The investors who see the most profit, boast a diversified, and intelligently put-together portfolio. In this post, we will explain exactly why you should diversify and what you can do to get started! Why Should I Diversify? When you diversify your portfolio, real estate or otherwise, you are […]
Getting a home loan can seem like a daunting process. For a first-time home buyer in , all of the options can become confusing. However, once you know the differences and understand the qualification requirements, getting a home loan can be quick and easy. Learn about the different types of loans in our latest blog […]
As a landlord, you will inevitably have to deal with the eviction process. It’s never fun, for you or the tenant. But there are ways to prepare, so you can make things go as smoothly as possible. Here are some do’s and don’ts to help you navigate the process. What You Should Do: Try to […]
Are you thinking about buying your first rental property? Being a landlord can be a challenging experience. There are many things to keep track of, and one mistake can cost you. In our latest post, we have put together a checklist for the process of buying a rental property, the process of screening your tenants, […]
HOA’s often get a bad rap. In reality, they can help to provide a wonderful environment to call home. There are many benefits and amenities the come along with living in a community with an HOA, however, it’s not the right living situation for everyone. In our latest post, we will discuss the drawbacks and benefits of an […]
Should You Buy a Foreclosure or Distressed Property in Salt Lake City? The Good, The Bad and The Ugly
The idea of purchasing a foreclosure or distressed property at a low cost might seem like a no-brainer. But before you buy, make sure you know what you’re getting into! More and more people are choosing to make real estate investments. Some choose commercial, some choose multi-family and some choose to buy and sell distressed […]
Popular television shows make real estate investing seem easy with guaranteed profits. What these shows don’t show you are the behind-the-scenes tribulations that investors must go through in securing and rehabbing properties. If you are new to real estate investment property buying, use these three smart financing strategies for an investment property in to reduce […]
Finding the right home might take some time. You should always look for something that meets all of your needs. Don’t settle for the first house you see, shop around a bit and consider your options. In this post, we will help you think of things to consider when shopping for your house in ! Finding […]
You’ve wanted to renovate your cramped, outdated kitchen for ages. And now – finally – you have the funds and the opportunity to do it. So you ask around among your friends and co-workers to find a contractor and then hire the one they recommend – even though you’re not aware that you need to […]
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