Memphis Real Estate Investing

1 min read

Real Estate: Memphis Invest Named Finalist For Business of The Year

By Chris Clothier on Fri, Mar 30, 2012

Memphis Invest Nominated for Small Business Award

Memphis Invest, GP was very honored this week to be formally nominated for the Memphis Business Journal Small Business Awards.  After what can only be described as an incredible 2011, Memphis Invest is positioned for an even stronger 2012 and many of our peers and business organizations are taking notice.  

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4 min read

Memphis Invest Announces Major Memphis Real Estate Buying Event!

By Chris Clothier on Mon, Mar 19, 2012

Memphis Invest is very excited to announce not only our largest buying event in the history of our company...

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2 min read

Learn More About Cash Flow Real Estate

By Chris Clothier on Thu, Mar 15, 2012

So you want to learn a little more about cash flow real estate before you take the big plunge. It can be hard to know what to think about all of the information available online about real estate investing and rental properties for sale. What is reliable? What is too good to be true?

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2 min read

Tax Tips for Investors in Cash Flow Real Estate

By Chris Clothier on Mon, Mar 12, 2012

If you haven't yet completed your 2011 tax returns, the time to start thinking about doing so is now. Even if you know your market and are confident in your success, if you are a cash flow real estate investor, then your tax return is likely to be much more complicated than the basic 1040 EZ form, but it isn't too difficult to do things right. Here are a few tips to get you started:

Cash Flow Real Estate Investor Tax Tips:

1. Keep all receipts.

The U.S. Government Accountability Office (GAO) explains the most common problem with the tax returns of those who buy investment property: lack of documentation. According to one article, "individuals (or couples filing joint returns) tend to misreport their net income from rental real estate activities more frequently than other types of income." The most common issue is cash flow real estate investors who don't keep excellent track of their rental income and their property expenses. If you want to be certain to avoid these problems, keep all of your receipts together in a safe place.

2. Go green.

Certain property improvements or renovations can help save you money on long-term utility costs as well as offering generous tax credits, rebates, or deductions. Alternative energy installations, for example, often have excellent federal, state, and even local tax incentives. Such installations might also help attract potential renters and increase the value of the property itself as well as the amount that you can charge in rent for such an upgraded cash flow property.

3. Hire a professional.

Even with the best organization and planning, it can still be complicated to manage your existing properties and to buy investment property. This perhaps explains why the GAO reports that about 80% of real estate investors choose to pay an accountant to help them keep their taxes straight. A paid tax professional is likely to help you know how to categorize different expenses for maximum tax benefit. For example, according to one recent article, "if your year has been profitable enough to place you in a high tax bracket, then your goal at year-end should be to increase real estate tax deductions while putting off more income until the coming year (January 1). On the other hand, if your year has been less than stellar, placing you in a low tax bracket, then you want to do the reverseóput off tax deductions until the following year while increasing your income for the present year." Many cash flow real estate investors are more comfortable letting a professional make that decision each year.

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2 min read

Memphis Investment Real Estate | Memphis Jobs Update

By Chris Clothier on Mon, Mar 5, 2012

Memphis Firms Continue Expansion Plans

Several Memphis companies are continuing with plans to expand operations, invest in new equipment and infrastructure and hire new employees.  While there is still some economic uncertainty, there also seems to be an air of optimism surrounding plans by companies headquarterd and operating in Memphis for an economic turn-around.  That turn-around is fueling plans for increased warehousing and distribution needs.  We are often asked about the real estate landscape in Memphis and investing in Memphis property has as much to do with the economic outlook as it does the house itself when it comes to long-term success.  Investors should be looking for areas of the country that are stable and reliable when it comes to the greater economy as that will be a sure driver for real estate demand.

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