Assumption: you bought your current residence as an investment with the intent of selling it for a profit at some point. Paper Street Soap Investment Property Similarities Both are purchased with after tax money No capital gains taxes due when the gains are realized Not taxable as income when the gains are realized No guaranteed rate of appreciation Differences Roth IRA has a $5k/year limit on how much you can Read More ...
I’ve read two articles in the WSJ this week about the housing market, and now I’m less certain than ever about what’s going to happen in the next year. Is 2010 the Year of the Short Sale? If 2009 was the year of the foreclosure (and loan modification), then 2010 may be shaping up as the year of the short sale. I’d say 2011 is more realistic, unless they are Read More ...
If you offer to buy this house, make sure you stipulate that the seller will leave all accessories!!!! Seriously, this is some great link bait. Welcome Home! Home is where you hang your hat. Look closely…can you find the hat in this picture? Having a tough time seeing the TV because the figurines decided to hold a town hall meeting in front of it? Check out the top shelf…you’re covered. Luckily, the Read More ...
