Special tax reporting rules for rental properties

 Many people own rental property of some kind – whether they are renting out part of a primary residence or a vacation home. Regardless of the type of rental property, owners must make themselves acquainted with the various tax rules that apply to it, as these can differ significantly based on the degree to which …

Construction for seniors is surging in metro Denver

Balfour at Riverfront Park markets a resort-like lifestyle to seniors near the former Moffat Depot, a few blocks from the beating heart of Denver’s cultural and club scene. “Nobody else is doing this. We believe this is the finest senior living community in the country,” said Michael Schonbrun, founder and CEO of Balfour Senior Living …

Reverse mortgages are nightmare for some in Duval County, good deal for others

Mamie Rose wanted her last years to be simple. She was already in her 80s. She bought her Northside home 40 years earlier. Her husband had died. Her children were grown, leading lives of their own. She didn’t want to worry about mortgage payments, repairs or insurance. Her daughter told her about a “reverse mortgage.” …

Six must-do’s before buying a home

You might be ready to buy a home, but are you armed with the knowledge you need? Do you know about credit score requirements? Are you familiar with flexible standards on Federal Housing Administration loans? • Whether you are a first-time homebuyer or an experienced owner, buying a house requires a “preflight check,” says Barry …

The Hottest Home Amenity: In-Law Apartments

When a 7-acre property in Silicon Valley went on the market for $14.85 million, a busload of real-estate agents arrived for a tour. The draw? In addition to the resort-style pool and the putting green, the agents, who specialize in finding upscale properties for Asian buyers, wanted to see the two guesthouses—ideal spaces for aging …

7 Tips For Buying a Vacation Home

Many Americans contemplating a vacation home abandoned that dream when the housing market collapsed. But now that home values have climbed month after month, with the median price up about 20% since its bottom nearly three years ago, you may once again be toying with the idea of that lakefront, ski or beach getaway place. …