News about properties and real estate
Question: I am not qualified to make the decisions necessary for our situation, but hope that someone with your knowledge may help guide me so my husband and I can make it for our remaining 20 years. The situation is this: We don’t have any retirement income other than savings. For years, my husband invested …
Continue reading “Using a reverse mortgage to buy a home Realty Q&A”
In an earlier post, I ranted about the burdensome new Form 1099 reporting requirements for businesses. Those rules are scheduled to kick in next year, but there’s a good chance they will be repealed before then. Fingers crossed! Meanwhile, yet another set of nasty new 1099 rules are lurking in the background. These rules affect …
Continue reading “1099 Hassles For Rental Real Estate Owners”
As Don Urquhart says, no one wants to throw a neighbor out of his home. But that is what Urquhart says he and other community association leaders have been forced to do. When dozens of owners quit paying maintenance fees at Quadomain Condominium in Hollywood, Urquhart and other leaders stepped in and starting filing foreclosure …
Continue reading “Homeowner associations step up foreclosure filings”
Homeowners can claim a slew of write-offs to lower their tax bills. There are deductions for mortgage interest, mortgage points and real estate tax payments. And when you sell your home, most likely, you won’t have to pay taxes on the profit. If you bought a home last year, you might even get to write …
You probably don’t want to hear this, but it’s glorious down here. Highs in the 80s. Lows around 65. The pools are busy. Last week we had what the locals called “a cold snap.” You needed a sweater vest to eat dinner outdoors. OK, hate me. via The Case for Sunbelt Real Estate.
The trailer that served as the sales office for Madeira was only open for 10 days in January 2004.Marco Island’s real estate market was booming.It was the best of times.Jim Prange, successfully selling real estate on Marco Island for 30 years with Premier Sotheby’s, waited in line to place offers on desired units for several …
Continue reading “Grand finale of Marco’s 40-year condo boom”