Many can relate to Ken and Barbie. After all, this “couple” has been in several of our lives for generations, and will be in our lives for generations to come. Here’s a scenario – Ken & Barbie have been married 20 years and have owned their current home for over 10 years. They decided to […]
Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell. Any improvements you have made to the home during […]
Awareness is key when it comes to safeguarding against scams. When we’re vigilant and recognize red flags, we can effectively stop scammers in their tracks. from falling victim to fraudulent schemes. Unexpected contact – You receive unanticipated contact by phone, text, or email from an individual or organization regarding an invoice, order, delivery, or charge […]
Purchasing a home, especially as a young person just entering the full-time workforce, might not seem like a wise decision. You’re just getting out on your own! However, it might be a very pivotal decision for your financial security and future retirement. Based on the shortage of rental units needed for the demand of the […]
I’m sure you’ve come across many different types of mortgage loans – there are probably more out there that you never knew existed until you started your search. Making a well-informed decision about securing a mortgage loan is vital. It involves understanding all of the available options and considering many relevant factors. Take the time […]
A home is not just a place to live – it’s also a valuable asset which can contribute to long-term wealth accumulation. There are two key factors which play a very vital role increasing a homeowner’s wealth, and those are appreciation and amortization. The key is understanding how those two factors work, and how they […]
I’m sure that, as a homeowner, you invest your time and money into creating a comfortable and secure living space for you and your loved ones. But, unforeseen events can strike such as natural disasters or burglary, which can result in the loss of your personal belongings. However, unforeseen events such as natural disasters or […]
Those hoping to be first-time homebuyers can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. There are a variety down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax refunds and down payment assistance programs, empowering them to achieve their […]
If you own a home, you’re dealing with property taxes. Property taxes are an essential part of homeownership, but you may not really understand or realize how they are actually calculated. In fact – sometimes understanding how they are calculated can feel like attempting to unravel a complex puzzle. Once you unlock the secrets of […]
For many individuals, planning for retirement is a priority. You want your retirement to be comfortable and secure. Of course, traditional investment options such as stocks and bonds play a crucial role – but rental real estate holds another great avenue. Let’s explore together the 12 key benefits of investing in rental real estate for […]
