Wow, what a summer we are having. The first major stay-at-home event in most of our lifetimes has happened in this country. People are turning to their backyards for family fun and recreation. Building a pool is just one of those fun things that are being built. For people who don’t have a pool, the […]
As a homeowner, you will receive a generous exclusion on the gain of your principal residence. Current rules stipulate $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. Many people probably consider the gain or profit to be the difference between the purchase price and the sales price. Before calculating your gain, the […]
The money you spend on your home is treated different when it comes to income tax. When you make necessary repairs to your home to maintain its condition, these repairs are not tax deductible. But any capital improvements you make to your home will increase the base price of the home and add equity. You […]
If you’re planning on buying one of the stunning homes for sale in Chantilly, you’ve already made a wonderful choice. Chantilly is a great place to live! Located close to the airport and just over 20 minutes outside of Washington, D.C., Chantilly is in a great location. If you’ve got your heart set on buying […]
First impressions of a home go a long way in determining how quickly your home will sell. Your major role as a seller will be to make your home as attractive as possible to potential buyers – you need to be viewing your home through the eyes of potential buyers. With some time, effort and limited financial investment, you can grab the competitive edge you need to sell your home at the price you want.
Selecting the right color paint for your walls Do you own Fairfax VA Real Estate? Does your home need a facelift? Painting is one of the easiest and most inexpensive ways to add new life to the rooms in your home. It sounds easy – go to the paint store, pick out a sample […]
While renting can be useful for some financial situations, owning a home provides great benefits to you and, ultimately, your financial well-being. 1. Control your space. Use a spare bedroom for your own home office. Create a workout area in the garage. You own the home, you make the rules. 2. Pride of Ownership. When […]