Owning Rental Property
Understand important tax and risk implications to owning rental property
Many people like the idea of owning rental properties because it seems like a passive and simple way to earn extra income. Sometimes owning rental properties can be just that, but sometimes it isn’t so passive…or simple!
Our checklist will help you better understand some the challenges and nuances that can arise while owning a rental property.
Whether it’s:
Understanding general landlord responsibilities
Tax implications and sale considerations
Risk protection strategies and managing liability
This checklist will help you make an informed decision about whether rental property investment aligns with your financial goals and risk tolerance. Many of these considerations aren't immediately obvious but can significantly impact your investment's success and your overall financial plan.
Download our Owning Rental Property Checklist here.
While checklists and flowcharts can help you identify different opportunities, we are always available to meet with you to discuss your financial needs and goals, and to help identify what the best opportunities are for you.
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This content is provided by Windward Private Wealth Management Inc. (“Windward” or the “Firm”) for informational purposes only. Investing involves the risk of loss and investors should be prepared to bear potential losses. No portion of this blog is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained in the individual blog posts will be derived from sources that Windward believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages.
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