STEP UP COST BASIS AND INHERITING REAL ESTATE
The step up cost basis is a way of adjusting capital gains tax. This means that for the purpose of capital gains tax, the IRS re-sets the cost basis of the property to its value when the asset is...
STEP UP COST BASIS AND INHERITING REAL ESTATE
The step up cost basis is a way of adjusting capital gains tax. This means that for the purpose of capital gains tax, the IRS re-sets the cost basis of the property to its value when the asset is...
Home Equity
Measuring Home Equity; A Homeowners equity in their home is the difference between what the home is worth and what they owe. At any point in time, it's an estimate because value is subjective until the home actually sells. If...
THE STAGERS HOME
Lessons from a Pro When Selling Your Home - A professional home stager recently decided to sell the 4,000+ square foot home she lived in with her husband. It was well maintained and by most standards, could have gone on the ...
YOUR BEST PERFORMING INVESTMENT
For most of us, our homes are the largest asset we own and the best performing investment.
EQUITY DEFINED
Home Equity is defined as; the difference between what your home is worth and what is owed. There are...
WHY DO I NEED A HOME INVENTORY?
As a Home owner, you have Homeowners Insurance to cover damage to your house, that policy likely includes personal property coverage - in case of a burglary, fire, or some other insured circumstance. Do you ha...
HOW LONG DO I HAVE TO KEEP THIS STUFF?
Are you looking at all those paper files and feeling like you're being over run and out of room to keep them? Especially if you think you may actually never need those files! How long do you really ...
Selling a home is totally different than.... selling a car for example, doing a lot of work to your car before you trade or sell it to a dealer isn't generally a good idea, you likely won't recapture your costs. However, as a home seller you'...
HOW TO MAXIMIZE YOUR HOME SALE
Even though we're in a fast paced real estate market with sales out-pacing new inventory, you still need to position your home for this market and know how to Maximize Your Home Sale.
Your home is one of your ...
Private Mortgage Insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan. In this article, we explore ways borrowers can Eliminate Private Mortgage Insurance.
Most convent...