Are you getting the right depreciation on your rental property? If you own rental property then you’ll want to make sure you’re getting all the deductions you deserve.
Posts Tagged ‘finances’
Depreciation for Rental Properties
Monday, February 11th, 2008Just Walk Away - Abandoning Your New Home
Saturday, February 9th, 2008
A growing and disturbing new real estate trend is homeowners simply walking away from their property and their loans. Consumers who put little or no money down, who live in an area where their house is now worth less than what they owe on it, and are facing their mortgage payments being adjusted upwards are deciding that they are better off to just leave the house with the bank. Of course, such a move remains a black mark on your credit report for up to seven years. Still to some beleaguered consumers, it’s worth it.
So prevalent is this trend that a website has cropped up, “Walk Away Today,” that guides families through the process and helps to use the stress and fear of facing foreclosure proceedings.
Are such “services” beneficial to consumers or so they prey of homeowners who are down on their luck and encourage them to make disastrous financial decisions? Personally, I would feel more kindly towards this Web site if it didn’t have a “We’ll buy your home” button on the front page.
Top Real Estate Markets for 2008
Friday, February 8th, 2008
The pundits on the nightly news may be talking about a recession and foreclosures may be at an all-time high, but that doesn’t mean there aren’t any growth markets for real estate in the United States. “Forbes” Magazine has just released their picks for the top ten housing markets in the US. The list may surprise you.
Planning for Mortgage Closing Costs
Thursday, February 7th, 2008
If you’re about to purchase your first home, welcome to the world of closing costs. These expenses may not be something you had initially planned for when figuring your budget, but they’ll play into the final transaction, and pretty heavily, so it’s important to familiarize yourself with what they are and how much you’re going to need.
Understanding a Reverse Mortgage
Wednesday, February 6th, 2008
Reverse mortgages have become fairly popular in the past few years and more Americans are looking into this investment option. The thing to remember, as with all investments, is that research is key.
Improve Your Home’s Curb Appeal
Monday, February 4th, 2008
Selling your home isn’t as easy as it once was. You no longer have people flocking to scoop up your property and turn it into their own goldmine. So, now is a time when curb appeal becomes extremely important. You want to draw buyers to your home and entice them to make that all important purchase.
