KateHorrell

Helping Military Families Make The Most of Their Money

What Military Landlords Should Know About Section 1250 Depreciation


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This post was contributed by my friend Forrest Baumhover, a Certified Financial Planner. This is tricky stuff – hearing it explained different ways can make it easier to understand. I’ve written about the same subject at Understanding Depreciation Recapture Taxes on Rental Property. Just because you joined the military, you shouldn’t have to give up… | Read More…

Are You Ready To Be A Landlord? 5 Questions To Ask


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You’re moving, and you’re trying to decide what to do with your house. Should you sell it, or should you rent it out? In the military, we face this decision more than most folks. Any military family who buys a house needs to be thinking about the all-important question, “Am I ready to be a… | Read More…

Eleven Real Estate Lessons I Learned as an Accidental Landlord


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This is the story of my first house, which my wife and I bought in our twenties. Things worked out in the end, but there are some lessons that we learned that I would like to share with our military audience. You might find great success in your real estate transactions (although the successful people… | Read More…

The Math of Buying and Selling Houses, Military-Style


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The topic of home ownership for military families is a hot one.  I absolutely agree that there are many reasons that a military family may want to buy a house:  the pleasure of being able to do whatever you want to the house, the guarantee that you won’t have to move mid-tour, the difficulty in… | Read More…

Ten Ways To Be A Great Landlord


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Military families often find themselves as landlords, either on purpose or by accident. And while there is no test to become a landlord, there is a lot that you should know to be a successful landlord. Usually, I’m talking about the money side of the equation, but that’s not the only part. There’s a lot… | Read More…

When Selling Your House At A Loss Is The Right Choice


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Military families have unique challenges when they buy a house. The biggest challenge is what to do with the house when you receive PCS orders a few years (or months!) later. Some folks bought the house with clear plans to turn it into a rental property, but the majority planned to sell, or didn’t have… | Read More…

Understanding Depreciation Recapture Taxes on Rental Property


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

My friend Forrest has shared his article about depreciation recapture: What Military Landlords Should Know About Section 1250 Depreciation.  Sometimes it’s helpful to hear things from two different voices 🙂 You’ve owned a rental property for a few years, and it’s worked out pretty well.  You’ve made a little bit of money most years, and you’re… | Read More…

Kate Rants: If Your Rental Is Not Making Money, Stop Saying “It’s A Good Investment”


This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

As a financial educator, and a military landlord myself, I spend a lot of time talking to military families about their rental houses. In almost all cases, these are houses that the family bought at a duty station, and then rented out when they PCSed away from the area. Maybe that was the plan all… | Read More…

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Disclaimer

Kate does not represent the Department of Defense, the Department of Veterans Affairs, or any government agency. This blog is strictly for informational and entertainment purposes only. The content on this site should not be considered professional financial or legal advice. I may receive compensation through affiliate or advertising relationships from products mentioned on this site. All reviews on this site represent the personal opinions of the author. All references to third party products, rates, and offers may change without notice.