Returning to the Housing Market After a Short Sale or Foreclosure – US News and World Report
Great article on how to get bank financing for a new house after going thru a prior short sale or foreclosure. Returning to the Housing Market After a Short Sale or Foreclosure – US News and World Report.
How the IRS defines ‘real estate pro’ | Inman News
For those of you are are ‘real estate professionals’ for IRS tax purposes (which means you get a much greater ability to deduct expenses) then check out this article about a recent Tax Court case where a landlord who personally managed and owned 28 residential properties lost when challenged by the IRS. A great primer […]
5 Ways Sellers Can Prepare for a Home Inspection | Realtor Magazine
5 Ways Sellers Can Prepare for a Home Inspection | Realtor Magazine.
Washington Gov. Jay Inslee’s budget includes plan to tax rental income – Puget Sound Business Journal
For us Washington landlords this is huge. The Governor is proposing (for the first time ever) that rental income would be subject to Business & Occupation tax (probably around 1.8% of gross rents). Please feel free to contact your favorite legislator and the governor’s office about how you feel about the State taxing you on […]
How to buy real estate in an IRA – TaxWatch – MarketWatch
Looking for a better return on your retirement funds then check out buying and holding investment real estate with your Roth IRA, IRA or any qualified retirement plan. I’ve assisted a number of investors over the years who are looking for diversification in their investment portfolios with this process. Having all of your assets in […]
Tax Savings: Rental Property Depreciation Explained | Fox Business
One reason you might be thinking about investing in rental properties is because you think you’ll save money on federal income taxes. While this may be true, you really need to fully understand how rental properties and taxes work in order to determine whether you will in fact save money from your rental property ownership. […]
– Greenstone eyes more commercial development at Kendall Yards
– Greenstone eyes more commercial development at Kendall Yards.
Consider deed-in-lieu before a foreclosure | Inman News
The pros of a deed-in-lieu include unloading your property with little hassle; not having to suffer the embarrassment of having the sheriff hold a foreclosure auction right on your front porch (which is the practice in many parts of the country); and you can reach agreement with your lender in advance as to how much […]
Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives | HousingWire
The mortgage industry can breath a sigh of relief with the final fiscal cliff deal bringing back a popular tax break on mortgage insurance premiums and debt forgiveness for borrowers who go through a short-sale or some other type of debt reduction. Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives | […]
Fringe 15-year mortgage becomes hot property – MarketWatch
Thanks to low interest rates, many borrowers are opting for the deal that allows them to pay off their mortgages in half as much time as the traditional 30-year mortgage. Fringe 15-year mortgage becomes hot property – MarketWatch.