ProAPOD®

Real Estate Investment Software Blog

ProAPOD real estate investment software released a new update for one of its real estate investing software solutions today. ProAPOD CFA 7.0 needed a modification on the Sale Report so the “Capital Gains” label would show the correct percentage entered in the Tax Profile form. This correction was only required for the label, however (the computation was correct). The download is available free to those currently using ProAPOD CFA 7.0.

Unless you live in a vacuum, you probably know that the residential housing boom we enjoyed over the past several years is running out of gas and stalling. How bad is it? According to the National Association of Realtors it’s bad. Here are just a few of the statistics.

As stated in an earlier post, depreciation (or cost recovery) is an allowable tax deduction real estate investors should always take advantage of on rental investment properties that they own each year based on the asset’s useful life as specified in the tax code.

Because depreciation (or cost recovery) forms the basis for a major part of tax shelter, realtors that work with with real estate investment property and those investing in real estate for renting should understand something about depreciation.

The net operating income (NOI) of income property is the sum of money left after the operating expenses have been deducted from the gross operating income (GOI). You might think of it as the amount of money, after rents are collected and all expenses paid, that’s left over to make the mortgage payment. 

Real estate investors make a common mistake with rental property. They generally make no provision to periodically inspect the units their tenants occupy. And this can lead to some surprising (if not negative) results for the landlord.