Homeownership is a cycle – think of it almost like a circle. All around the circle are items such as an apartment building, finances, things that are simply helping you work towards that goal of homeownership. Then, the middle of the circle is a larger home – the goal if you will. You may want […]
Tag Archives: property investment
What If You Inherit A Property?
Have you inherited a property? There’s an incredible benefit to people who have inherited property, known as “stepped-up basis”. Not only do they receive the property itself, but the basis or cost value of the property becomes the fair market value at the time of the decedent’s death. What does this mean? It avoids the […]
Let your renters send your kids to college
Parents! Do you have children getting ready to go to college either this year or shortly thereafter? The average cost of the 2015-16 school year is $32,405 for a private college, $9,410 for state resident of a public college and $23,893 for out-of-state residents. If you had begun a college savings account when your child […]