Before home buyers can get to the part when the seller’s agent hands over the keys to their new home, they probably start their home buying journey with one question: Is now a good time to buy a house? While the question might look simple – the answer isn’t. From your personal goals and finances
Homes
Inheriting a home from a loved one can be a gift … and a challenge. There are plenty of ways to put inherited assets to good use, but capital gains taxes may put a damper on your plans. Understanding how capital gains taxes work can help you decide whether to move in, sell the property
If you’re constantly running your heater and boarding off rooms like you’re defending the Wall from the Night King, it’s time to winterize your home. Though not an epic CGI battle, the cost of insulating a house can feel daunting. Several factors influence the cost to insulate your home, such as the size of your
While most people buy a house under their own name, there are those who choose to purchase real estate with a Limited Liability Company (LLC). Buying a house under an LLC is something you might consider if you want to limit your liability exposure, conceal your identity as a homeowner or separate your business and
With the COVID-19 pandemic establishing a new remote work culture, more and more professionals are pursuing the Zoom town life as remote workers – making a living working from home or elsewhere outside of an office. Thanks to the increased popularity of online meetings and virtual events, you can Zoom into work from anywhere. So
This may not be a universal anxiety, but most of us don’t like to think or talk about dying. It can be an undeniably uncomfortable topic. So we’re going to focus on our legacies. For some of us, there is comfort in knowing we can leave behind property for our children or relatives to use
Did you know your calendar can play a role in helping you get the best purchase price for the home you want? The time of year you buy a home can impact how much you pay for it. We don’t need to tell you homes are expensive. If keeping an eagle eye on your calendar
If you made changes to your home in 2022 or are planning to make improvements, you might be able to save on your taxes. Most home improvements aren’t tax deductible, but there are a few exceptions you should know about before tax season comes around. The rules on home improvements you can write off can
If you’re thinking about generating rental income by purchasing an investment property, you’re probably wondering how much money you need for the down payment. Though the process of buying an investment property shares some similarities with buying a primary residence or second home, it’s important to understand the differences – like the down payment requirement.
Every investor wants to avoid being hit with a massive tax bill, and real estate investments are no exception. Investing in real estate has plenty of upsides. Steady cash flow, passive income, long-term asset appreciation and tax deductions are just a few of those benefits. It’s no wonder rental properties are such a popular type
Replacing your driveway isn’t something you do very often. But when the time comes, you’ll want to know what you’re getting yourself into. Driveway prices can vary significantly, depending on the type of driveway you choose and the square footage. Concrete, which is the most popular material used for driveways, has an average cost of
If you’re purchasing a newly constructed home, the blue tape walk-through is an integral part of the buying process. Blue tape walk-throughs can be stressful if you go in blind. So you’ll want to have a plan of action to ensure you get everything you need from the builder of your new home by the
Buying a home is hardly ever a simple real estate transaction. The process can be intimidating and sometimes involves lengthy negotiations before a buyer and seller reach an agreement. The path to an agreement is often paved with offers and counteroffers. As a buyer, you get to make the first offer. But you must be
Functioning, modern appliances can add a tremendous amount of value to your home. The sum value of all appliances can be worth several thousand dollars. So, getting the appliances included with your home purchase can have a tremendous impact on the home’s “true” value. As you’d probably expect, whether appliances come with the house will
Mortgage rates and inflation are two crucial pieces of our economy and have a significant impact on each other. As a reminder, inflation is the increase in the prices of goods and services, which reduces the purchasing power of money as a result. On September 21, 2022, the federal reserve increased interest rates for the
Think of the lifelong memories you’ll create with friends and family on a lakefront property with a scenic body of water in the background. The memories will be priceless, but the waterfront property will have a price – and the price will be hefty. Whether it’s your long-awaited primary residence, a vacation home for weekend