In recent years, home values have soared, presenting an opportunity for homeowners with substantial equity to consider a unique tax benefit. Section 121 in the IRS code allows for homeowners who meet certain requirements to exclude up to $500,000 of capital gain on the sale...
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Real Estate Blog
Smart Home Tech: Is It Real Property or Personal Belongings in a Home Sale?
Many of today’s homeowners have accumulated multiple high-tech "smart" devices to make their home more convenient, economical, and fun to operate. When they decide to sell the home, they need to make the listing agent completely aware of whether they will be included in the...
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Leverage your home’s equity into rental property
There can be many reasons homeowners aspire to have their home paid for. They can include no mortgage payments, financial security, debt reduction, lower expenses, retirement planning, financial freedom, legacy planning, no risk of foreclosure, and reduced stress, just to name a few. All those...
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Adapting to Life’s New Chapters
All of us encounter major life events and they have the possibility of disrupting our lives temporarily, if not permanently. The homes we live in may have met our needs originally but due to a change in our life, it may no longer be adequate...
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House-Hacking your way to multi-unit rentals
House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, but you...
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